Prices for fertilisers have dropped this week as expected. With the silage season under way and the warm spell forecast to continue for at least the rest of this week, demand remains relatively high as farmers focus on replenishing fodder reserves.

Nationwide, 18:6:12 is selling between €360/t and €375/t, with some merchants offering deals on cash purchase. Highs of €385 were seen in the west, with lows of €350 quoted. As is the case for all types, those buying higher volumes also have greater negotiating power with deals reported €10 to €15 lower where sales comprise full loads delivered direct.

Since last week, 24:2.5:10 has dropped in price and is selling at approximately €360/t to €375/t, with 27:2.5:10 priced at €355/t to €370/t. Both have dropped to as low as €345/t in some parts of the country this week, with merchants keen to move supplies.

Similar to last week, the price of 10:10:20 has remained steady, with suppliers operating at €400/t to €415/t. Highs of €435/t were seen in the west, with lows of €390/t quoted in Munster.

CAN has also dropped to approximately €265/t on average nationwide, a significant decrease from last week. Again, there is variance depending on the volume purchased and speed of payment.