Wednesday, July 6, 2022

My Daily Digest: April 7, 2021

Expect to fork out more for fertiliser Running a business is easy. All you have to do is spend less than you make. The trouble is, business owners often don’t have much control over their essential costs.

News that some fertiliser prices are now at their highest levels in five years will sting for farmers and growers heading into the crucial autumn season.

Strong international demand and high manufacturing and shipping costs have pushed the price of DAP up by US$200/t since January.

Apparently the prices should ease once Northern Hemisphere demand eases during the next month or so.

That’s cold comfort to NZ farmers looking to sow before the weather turns here.

 

Bryan Gibson

 

Demand sees fertiliser prices soar

Strong international demand has pushed DAP prices up to its highest levels since 2016.

 

 

Young chef wins ambassador award

Even before his most recent win a few weeks ago, there was no doubt Sam Heaven was a young chef going places.

 

 

WMP prices remain static

The Global Dairy Trade (GDT) index rose 0.3% at last night’s auction, with butter, anhydrous milk fat, skim milk powder (SMP), buttermilk powder and cheddar gaining in price. Whole milk powder (WMP) was steady at an average US$4085/t.

 

 

Rain for some as dry patterns dominate

Drier than average autumn conditions have spread to the east coasts of both islands and Northland, with forecasters warning there is little reprieve likely this month.

 

 

NZGFA nominations now open

Nominations for this year’s New Zealand Groundspread Fertilisers Association (NZGFA) Awards, the only agricultural awards specifically designed for the groundspreading industry, are now open.

 

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