Fertiliser, fuel, feed – we look at future prices

14 June 2022

Farm business
A fuel nozzle

NFU advisers take a detailed look at the future prices of fertiliser, animal feed, red and white diesel, gas, electricity and more, in a briefing for members.

Farm businesses are under input cost pressure from a number of angles. This ultimately affects decisions being made on members’ farms and directly feeds through to levels of profitability.

Future prices and political issues

We have put together a briefing for members which looks in detail at the current state of play, future prices and associated political issues. These issues are closely linked to the continuing crisis in Ukraine.

We look at:

  • Fertiliser
  • Animal feed
  • Plant protection products
  • Crude oil
  • White and red diesel
  • Natural gas
  • Electricity

Farm businesses are under input cost pressure from a number of angles. This ultimately affects decisions being made on members’ farms and directly feeds through to levels of profitability.

Potential consequences of fertiliser factory closure

Fertiliser prices – for example ammonium nitrate – are now at a record high due to the gas price going up and difficulties with supply.

The briefing discusses the current situation in the fertiliser market and the potential consequences following the announcement to close one of the two principle fertiliser factories in the UK. Defra’s input cost data is considered, showing a 25% increase overall across the past year.

The impact of the war in Ukraine

The situation in Ukraine cannot be ignored and is behind much of the cost rises and volatility, and wheat is no exception.

File downloads

fertiliser Red Diesel

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