AHDB has today (9 June) published its latest Fertiliser Market Outlook in response to calls from the industry for independent insight into global inputs price trends.
Following feedback on a pilot edition launched in December, the publication has been refined to help levy payers make informed and timely fertiliser purchase decisions.
It includes an analysis of recent industry consolidation, including the failed merger of CF Industries and OCI, as well as supply and demand fundamentals and prices for nitrogen, phosphate and potash.
Giles Blatchford, AHDB Head of Farm Economics, said: "We’re pleased how quickly people have embraced this new publication after piloting it with just a small group of levy payers.
"It demonstrates that there is a real need within the industry to get to grips with fluctuating input costs, rather than solely focusing on output prices.
"We’ve had some excellent constructive feedback and have incorporated these comments into the latest edition to make it of greater value and relevance to growers and producers across the piece," he added.
The bimonthly Fertiliser Market Outlook is part of a wider AHDB programme of work to support agricultural businesses to build competitiveness in the face of market volatility.
This includes a complementary project to provide UK fertiliser spot prices, due to launch later this year.
At Cereals event next week (15 – 16 June), the AHDB Market Intelligence team will be encouraging visitors to ‘take the long view’ to build business resilience, using the wide range of tools, information and expertise freely available to levy payers.
It will form part of a package of activity to upskill the industry on risk management, the commodity cycle and business strategy, led by the AHDB Volatility Forum, which next meets at Livestock Event on 6 – 7 July.
