NZ farmers face rising urea prices amid global shortage and weak NZ dollar
New Zealand farmers will face higher urea prices this year, mainly on the back of tight global supply and a weak Kiwi dollar.
It is also warning farmers that supply of fertiliser to some stores could be affected by road closures.
The co-op’s Marlborough store is being assessed by staff and will re-open at 7am tomorrow. The Cheviot store could not be contacted due to phone congestion and it is likely to be closed for the day due to road closures.
Some staff made it into the Culverden store, however access to the store may be limited by road closures; the store is open but running on limited resources.
Stores in Nelson and Amberley are open after visual inspections by staff.
Ravensdown’s quarries at Ngarua and Whiterock Lime are open but will not be producing lime until production buildings are inspected and passed safe by engineers.
“We will continue to despatch lime and should have sufficient quantity on hand to minimise any supply disruption,” it says.
“Our manufacturing plants are operational, have been assessed by staff, and look okay; engineering reports will be prepared as required. At this stage no North Island stores are affected.”
The co-op says several main roads remain closed.
“Until roads are more closely assessed today we will not know for how long they will be closed. There is likely to be some ongoing interruption to supply of fertiliser to these stores while roads are repaired.”
