Global urea prices take a tumble but a smaller discount at local retail level

Gregor Heard
By Gregor Heard
May 26 2022 - 1:00am
RETURN ON INVESTMENT: In spite of high fertiliser prices farmers say current values are worth it so long as grain prices hold up.

SLOWING demand, falling gas prices and China's scheduled re-entry to the market have seen global urea fertiliser prices come back by 11 per cent during May, however the drop is likely to be too late to be of major benefit to Australian farmers.

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Gregor Heard

Gregor Heard

National Grains Industry Reporter

Gregor Heard is ACM's national grains industry reporter, based in Horsham, Victoria. He has a wealth of knowledge surrounding the cropping sector through his 15 years in the role. Prior to that he was with the Fairfax network as a reporter with Stock & Land. Some of the major issues he has reported on during his time with the company include the deregulation of the export wheat market, the introduction of genetically modified crops and the fight to protect growers better from grain trader insolvencies. Still involved with the family farm he is passionate about rural Australia and its people and hopes to use his role to act as an advocate for those involved in the grain sector.

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