Fertilizer in Aust $1500 to $1000 overnight

[malleefarmer]

The big corporate companies who had no room to lower prices because of expensive stocks on hand remarkably dropped 500 per tonne once dfi prices were announced. We did a similar thing for six years and ended up getting taken over by one of the rival companies.Please read below and its not that hard.

Price mentioned are for dap and map will update for you guys if interested


A new company has been set up to import fertiliser for next year's growing season to encourage more competition in the market.

Direct Farm Inputs will import one boatload of up to 38,000 tonnes of superphosphate and ammonium phosphate and 25,000 tonnes of urea into Port Adelaide.

Karoonda farmer and former head of Direct Fertiliser Leighton Huxtable and also John Hurley from Western Australia are co-directing the new company.

Mr Huxtable says the new company has always been his wish.

"The idea is that farmers who want to be involved pay their money up front. We came up with a price last Friday and that is put into a trust account, just in case the boat is sabotaged or the product is sabotaged." he says.

If anything doesn't get delivered or picked up then the farmers get that money returned."

The company has been set up amidst grower concerns current fertiliser prices don't reflect what's happening outside Australia.

South Australian Farmers Federation president Peter White says competition in the marketplace will be welcome.

"I certainly hope that this venture pays off because we've seen the suppliers of fertilisers diminish somewhat in the past few years." he says.

[Hopperbin]

What kind of prices can you achieve with your new import company?

[Hopperbin]

Something else mate,do you even have any local fert. production, or is it all imported?
What part of Australia do you live, I worked in NSW one winter Goolgowi, Griffith area.
I am just quite surprised that your fertilizer is just coming down now.

[malleefarmer]

South Australia
Fert prices were last week or 10 days ago $1500 to 1700 for map and dap

Huge carryover stock of product in warehouses by big 2 companies cannot drop prices and cop a huge loss.

New company comes in with prices $940 to $970 all of a sudden companies can drop prices maybe it wasnt priced as high as they are telling us......

limited fert production in aust mostly imported from tampa,bangladesh,south africa,mexico.

we have very very tight quartine laws here and chinese and russian fert would not pass quarantine protocols

[furrowtickler]

We finally bit on thus afternoon, $440/ton, and have to take delivery - but we are spreading it on 60lbs/n and 20lds/s starting dec 29th. We got together with 5 others and are spreading about 12,000 ac. , for $5/ac. We still cannot buy 28-0-0 for within this price range(including spreading) and it done! We have a one pass seeding outfit and there is basically no pre buy at this time for liquid that makes sensense(.65/lb). There are so many factors at play in the next two months, so we are leaving 20% for spring.
By friday afternoon most supplieres were at $520/tn for 46-0-0. Talk about a gong show!!
Some producers that bought @ $850-900 for n46 are being offered some(cheaper seed) but it only equates to a fraction of what they have left on the table.
The fact remains that some are justified that if they paid $800/tn they sold production at that time. But the stats show that only %10- 20% of the crop was sold at that time. Some big gaps are left to be filled with alot cheaper production. Good luck to all as this year will make or break you, aand have a merry Christmass!

[timm]

It would be the only place on the planet where its going up!!

[malleefarmer]

A SENATE committee will hear new allegations of monopoly behaviour in the fertiliser industry after prices almost halved in a week following the entry of a new importer, and the man behind the scheme received a death threat.

South Australian farmer Leighton Huxtable, a partner in a new company, Direct Farm Inputs, which plans to import about 60,000 tonnes of fertiliser for next year's winter crop, will give evidence to a recalled Senate committee early in the new year about a threat he received on Saturday, and the recent plunge in fertiliser prices.

NSW Liberal senator Bill Heffernan has called Mr Huxtable to a reconvened hearing of the Senate select committee on agriculture over his plan to import about 60,000 tonnes of fertiliser at a price that initially undercut the major players.

Senator Heffernan told The Australian he had referred the threat against Mr Huxtable to the Australian Federal Police, and had asked corporate regulators to examine potential "unconscionable conduct in the industry".

Mr Huxtable and businessman John Huxley plan to import 38,000tonnes of the fertilisers MAP and DAP and 25,000 tonnes of urea in a co-operative arrangement with farmers.

The announcement of the imports, initially at $1030 a tonne for MAP and DAP, sparked a fall in fertiliser prices from about $1600 a tonne to below $1000 as companies matched the price.

The movements in fertiliser prices come after an interim Senate report released this month found Incitec Pivot may hold a monopoly in eastern and southern states and CSBP may hold a monopoly in Western Australia.

Mr Huxtable said the threat would not deter him from the import plan. "It's OK for me, I can handle it, but it is very difficult for my family to cope with this pressure