Farming News - UK fertiliser price series helps increase market transparency
News
UK fertiliser price series helps increase market transparency
A new monthly series of UK fertiliser prices from the Agriculture and Horticulture Development Board (AHDB) will help increase transparency in the market.
The monthly price information will cover the most commonly used products: ammonium nitrate (UK produced and imported), liquid nitrogen (UAN), potash and phosphates.
Joanne Tuck, AHDB Head of Data and Analysis, said: “We hope this insight into fertiliser markets will increase transparency and help levy payers manage their input costs, together with business tools like Farmbench and benchmarking.”
The industry has been without a regular fertiliser price overview such as this since January 2017 following the retirement of Robert Bojduniak who supplied fertiliser prices through Farm Brief.
A successful pilot study means that AHDB will now be collecting, validating and publishing historical fertiliser price data on a monthly basis. The development of this UK fertiliser price series has been supported by the industry body AIC.
Download the first fertiliser price update or subscribe by emailing MI@ahdb.org.uk
Any businesses in the farm supply chain interested in contributing should contact AHDB on the email address above.