GRAIN CENTRAL | Urea price dive hits suppliers beyond the chosen three
- 5 days ago
- 1 min read
Falling global urea prices are exposing the unintended consequences of the Federal Government's fertiliser support package.
Grain Central reported that while the scheme helped secure supply during a period of global uncertainty, independent suppliers are now carrying significant losses as prices retreat, prompting fresh questions about competition across Australia's fertiliser market.
Grain Producers Australia Southern Region Director Mark Schilling said the impacts were being felt well beyond the three importers supported under the scheme.
"All these second-tier fertiliser stockists are sitting on high-value stocks," he said.
"The government's intention was to support the farmer and cover losses when fertiliser prices fall to support the market."
