General manager of sales Jason Minkhorst says the price reduction hopes to support farmers who may need to grow more feed for their stock as delays at meat processing plants.
Ballance Agri-Nutrients has dropped its price of urea and its nitrogen product SustaiN by $50.
This is to help red meat farmers grow more feed for their stock as delays at meat processing plants caused by Omicron have forced farmers to keep animals on their farm longer than anticipated. This may have put feed supply pressure on some farmers struggling with the dry summer.
General manager of sales Jason Minkhorst said animal welfare was incredibly important for Ballance.
“To avoid feed shortages and alleviate some of that stress going into winter, we are reducing the price of urea and SustaiN by $50/t,” Minkhorst said.
“Global urea prices are continuing to increase on the back of the situation in Ukraine, so we will try and hold this discounted price for as long as we can.”