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Fertiliser prices set to be 16% higher next year

Independent IE

Farmers are set to be hit with a significant increase in fertiliser prices next year, according to researchers at Teagasc.

It has said that given the developments in global supply and global, the outlook for international fertiliser prices in 2019 is for prices for most fertilisers to increase relative to 2018 levels.

Dr Thorne also highlighted that on the demand side, due to favourable prices for cereals at harvest 2018, there has been an increase in winter plantings of cereals internationally, which have a higher demand for fertiliser. Hence, an increase in demand for fertiliser is expected for 2019. With …

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