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What are your thoughts on the fertiliser price s for 2022

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Comments

  • Registered Users, Registered Users 2 Posts: 2,466 ✭✭✭older by the day


    No harm to have bought a few extra ton.

    There will be a lot of sorry faces on dairy farmers leaving the accountants office this year, when they see 2022 tax bill



  • Registered Users, Registered Users 2 Posts: 20,489 ✭✭✭✭Bass Reeves


    All they need do is put as much as possible into a pension fund. It's never wrong to make a profit and tax is a side effect of that a bit of creative accountancy with stock figures etc will defray some of that.

    Many medium sized dairy farmers are already in company setups

    Which tax bill and profit would you prefer last year or 4-5 years ago.

    Slava Ukrainii



  • Registered Users, Registered Users 2 Posts: 2,466 ✭✭✭older by the day


    I must change accountant. Creativity with stock numbers is one thing . But soon my cows will be valued the same as JEX bull calves.



  • Registered Users, Registered Users 2 Posts: 20,489 ✭✭✭✭Bass Reeves


    All using stock values to defray tax is to give you an opportunity to sort it out over a number of years. It the same as buying this year's fertilizer last year. You then have to put other things in place to sort it long-term.

    For instance there is limits to what you can contribute to a pension fund. Say that is 20% of your income. However your are looking at a tax bill on 100k income. You can only put 20k in. However if you readjust your stock numbers your income might be 60 so 12k into the pension and you keep repeating it until you get your stock values back into the correct position again.

    Or for that matter you may not be able to pay family wages as your children are too young. You could try to use stock values to to shield income so that you could readjust your figures 1-2 years later as your children go over 14 years of age.

    It's mu h the same as buying this year's fertilizer last year it just give you a bit of breathing space to avoid the worst of the effect.

    Slava Ukrainii



  • Registered Users, Registered Users 2 Posts: 5,737 ✭✭✭straight


    https://www.agriland.ie/farming-news/foliar-feeding-grassland-swards-is-it-an-option/?utm_term=Autofeed&utm_medium=Social&utm_source=Facebook#Echobox=1678862882



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  • Registered Users, Registered Users 2 Posts: 4,831 ✭✭✭stanflt


    Sure who’d be mad to try that



  • Registered Users, Registered Users 2 Posts: 200 ✭✭Gudstock


    Anyone pooling with neighbours or friends and bringing down fert loads from the north?



  • Registered Users, Registered Users 2 Posts: 595 ✭✭✭Young95


    Any quotes got for 18-6-12 ?



  • Registered Users, Registered Users 2 Posts: 2,579 ✭✭✭DBK1


    I priced two local merchants in the last few days.

    One fairly big midlands merchant (plenty of big fancy dark blue Scania’s on the road with his name on them!) was €775 for nitrogen, €820-€840 for compounds.

    Another small merchant, Urea €750, all compounds €780, nitrogen €720.



  • Registered Users, Registered Users 2 Posts: 595 ✭✭✭Young95


    Thanks . It’s hard to believe the smaller merchants can do better price wise on fertilizer .



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  • Registered Users, Registered Users 2 Posts: 857 ✭✭✭Pinsnbushings


    More nimble I suppose, big merchants have big piles of dearer product still to shift..bought urea for 770 yday just enough to get going as nothing out yet. Hope to hold off on silage ground for 10 days to a fortnight



  • Registered Users, Registered Users 2 Posts: 4,929 ✭✭✭Bleating Lamb


    Could it possibly also be that smaller merchants would not have as much cash flow to have forward bought much Fert to leave sitting in their yards over winter?



  • Registered Users, Registered Users 2 Posts: 20,489 ✭✭✭✭Bass Reeves


    I say that is the reality. Few smaller merchants could afford to carry 2.5k tons of fertilizer over the winter with a book value of over 2 million.

    Co-op were stupid to take the risk. What really begs the question is if this gamble had paid off would they have sold this at a normal margin, would they used it to grab market share by diluting more expensive product or would they have taken the time extra margin and said thank you very much

    Slava Ukrainii



  • Registered Users, Registered Users 2 Posts: 1,489 ✭✭✭hopeso


    You only have to go back to the beginning of this thread to see what they were selling old stock for after the price began to rise to answer that question......



  • Registered Users, Registered Users 2 Posts: 2,579 ✭✭✭DBK1


    I didn’t ask that. It was 19-0-15 I was pricing as I’ve a lot of index 4 P ground and I just asked about the nitrogen then while we were having the conversation. I’d imagine it’s only standard can when I didn’t specify sulpha can.

    Post edited by Boards.ie: Mike on


  • Registered Users, Registered Users 2 Posts: 4,831 ✭✭✭stanflt


    Urea available north east at 595 in 2 different depots



  • Registered Users, Registered Users 2 Posts: 2,834 ✭✭✭Cavanjack




  • Registered Users, Registered Users 2 Posts: 2,627 ✭✭✭Dunedin


    Anyone know much about the UK brands that seem to be available cheaper. CF, Glasson and Yara seem to be the 3 big uk brands.



  • Registered Users, Registered Users 2 Posts: 4,831 ✭✭✭stanflt




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  • Registered Users, Registered Users 2 Posts: 4,831 ✭✭✭stanflt


    Yara is by far the best quality fertiliser you could buy-

    i wouldn’t touch grassland ifi etc after spreading yara



  • Registered Users, Registered Users 2 Posts: 11,736 ✭✭✭✭mahoney_j


    I’m out of market till late may …..know of a few around me grouping together and organising artic loads from up north …..the savings are huge in comparasion to what Liffeys and Arrabawn are quoting atm ….there dropping prices but not fast enough ….coops selling at high prices and dropping milk prices like lead will get little sympathy and custom and serves them right



  • Registered Users, Registered Users 2 Posts: 5,288 ✭✭✭alps


    Coops have a captured market, and they'll ride it. Only those who can pay up front can avoid their clutches.



  • Registered Users, Registered Users 2 Posts: 2,445 ✭✭✭Waffletraktor


    Cf a shower of cnuts that make dirty larry look honest, tried banning urea under green agenda 2 years ago. Deadtractor went with them to make it limited use in the spring if you want to sell assured grain.

    Nitram from Poland

    Yara is generally miles off on price unless wanted veg type special blends or pricy trace elements.

    Diamond

    Origin big supplier of straights

    Bunns

    Most urea/an atm is not commonlly branded product from eastern europe or egypt

    Blends are a very small size of the market now with straights working out 10's of percentages cheaper if you've done the work to know whats wanted and can swallow 2+ passes and a historic supply of cheap alternative like burnt chivken poo or slagg from steel production,sludge,digestate and greenwaste composting etc



  • Registered Users, Registered Users 2 Posts: 2,445 ✭✭✭Waffletraktor


    Would straight p/k be used in the dairy world to front load or is that looking for trouble compared to crops as the saving can be low fractions and blends dont spread wide very well.

    I suppose it's the smoke and mirrors suppliers use to make the margin bit like lime and wether they have sieved out the goodness to make cement and sell something that might start working in a few years, maybe.



  • Registered Users, Registered Users 2 Posts: 23 mike123123


    What are the prices for the equivalent of 18-6-12 and pasture sward per ton up north. I rang fane valley and they kept on about the analysis of the fertilser, and they couldnt help me as they didnt seem to know the north's equivalent of 18-6-12 and pasture sward.



  • Registered Users, Registered Users 2 Posts: 5,288 ✭✭✭alps


    AFAIK Fane valley are 50% owners of Drummonds. I'm surprised that they will compete with it's southern company.

    Interestingly the other 50% is owned by freshgrass /(grasslands). Grasslands boss, Liam Woulfe is chair of Drummonds.

    He is also a bord member of teagasc..



  • Registered Users, Registered Users 2 Posts: 4,929 ✭✭✭Bleating Lamb


    Is there any issue with an ordinary part timer heading north to get a few tonne at a time?…….

    Of course distance away from border would be a big factor.



  • Registered Users, Registered Users 2 Posts: 20,489 ✭✭✭✭Bass Reeves


    I am surprised that any fertilizer retailers in NI did not know the equivalent to Southern formulation. There is more than one way to. E unhelpful.

    It would be anti competitive not to quote. To plead to not knowing our formulations is a hand get out of gaol clause.

    Slava Ukrainii



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  • Registered Users, Registered Users 2 Posts: 2,579 ✭✭✭DBK1


    Prices dropping daily around here now in the smaller merchants. CAN can be got for €630 now in 2 places with one of them predicting it to drop more by middle of next week. Hopefully it stays going that way.



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