Urea the talk of the town - PAC Report by Ellen

Once again, the main topic of conversation this week has been Urea. We have heard that some boats have been delayed until mid-August, with many growers expecting delivery of that product in July. Most suppliers are completely sold out for July and expecting more product to arrive in August.

I’ve had a number of calls to discuss what the Urea price will do going forward. At this stage, the price for August Collection is $1130 + GST. But have also been advised that a large percentage of the August stock has already been sold.

We currently have Urea available ex Geelong & Portland from 19th July onwards, available now ex Newcastle, Brisbane and Adelaide at $1190.00 + GST. Please get in touch to lock in your July delivery and also anything required from August onwards.

Now is not the time to hold off and see what the price is going to do. Supply is a major issue at the moment.

Current Fertiliser prices (up until COB Thursday the 14th of July)
Urea (August) - $1130.00 + GST MAP - $1400.00 + GST, DAP - $1515.00 + GST, Gran Am - $845.00 + GST, SSP - $615.00 + GST, SoP - $1970.00 + GST, MoP - $1410.00 + GST, Granulock Z - $1520.00 + GST.

https://www.farmtender.com.au/prime-ag-centre