The spreading season on arable land is coming to an end, but in some cases the manure pits and silos are still not empty. As a result, pressure remains on the fertilizer market, which means that DCA's fertilizer quotations rise again.
According to contractors and manure intermediaries, a considerable volume of manure has been spread on arable land in recent weeks. The spring work started later and as a result a considerable amount of manure sales has been postponed. Spreading on grassland remains ongoing at the moment, but that does not alter the pressure on the fertilizer market. On the contrary, the supply of livestock farmers remains ample and the manure stores are far from empty for everyone.
Concerns about ample supply
Moving the manure that is now 'left over' to the autumn is not that easy, given the total volume that is still there. The placement space is limited and farmers quickly reach the maximum amount of nitrogen space per hectare.
As far as fixed agreements are concerned, not everyone has managed to keep them (so far). In view of the supply, there is only limited trade and, especially in the coming months, contractors and intermediaries are on average reluctant to make permanent agreements. It's too much risk to do that, is the opinion. They express their concerns and wonder how we will get rid of the entire supply this fall.
Fertilizer quotations are increasing
DCA's fertilizer quotations are increasing, but not everyone is raising fertilizer prices so far. Some contractors and intermediaries no longer accept manure, so prices do not change. The supply remains large and that has an upward effect on prices. Manure processing also has a large supply and is increasing in price.
Both DCA's beef and pig slurry quotations increased this week. The increase varies per region, but on average quotations increase by €1 per tonne this week. This means that the price level is higher than what the spreading season started with this year.