Knorr offers analysis on this list fertilizers: Read more of Knorr’s commentary at farmfutures.com. The President of the Ghana Agricultural Chamber of Commerce, Philip Abayori also tells Citi Business News the reduction should help farmers save up to fifty percent of operational cost. Digging through the DTN/Progressive Farmer retail fertilizer price data shows it has been awhile since prices for all fertilizers … Fertilizer consumption (% of fertilizer production) Agricultural land (% of land area) Forest area (% of land area) Cereal production (metric tons) Agricultural land (sq. Ammonia – October contracts at the Gulf settled $23 higher, matching a 4 year high. Potash is 5% higher, 10-34-0 is 8% more expensive, UAN32 is 12% higher, UAN28 is 13% more expensive, both MAP and DAP are now 15% higher and both anhydrous and urea are now 23% more expensive compared to last year. He added that organic fertilizers, which come in as liquid, were sold at GHC20.00, granular (25kg) GHC 46.00, and Compost (50kg) GHC 20.00. At least for the moment, energy prices are at low levels and this, too, has a significant impact on fertilizer production and supply. Need buy or sell Fertilizers in Kenya? km) Rural land area where elevation is below 5 meters (% of total land area) Food production index (2004-2006 = 100) The Ghana Cocoa Board in 2019 suspended the free distribution of fertilizer to farmers as a measure against smuggling. Fertilizer consumption is the key to Africa's food security. The long shadow of the 2019 growing season makes the crystal ball fuzzy for future outlooks, especially fertilizer. A multistage sampling technique was used to obtain primary data from 543 rice farmers from three regions in Northern Ghana through questionnaire administration. A maize yield of 4 tonnes per hectare (t/ha) at a price of R2 250/tonne will earn a profit of 28.6% (at a production cost of R7 000/ha). To match demand, food production will need to almost triple and this […] “Organic fertilizer will be GH¢15 flat. Order now! The Ministry also revealed that the price of urea is currently selling at GH¢47.50 pesewas instead of the GH¢80 it was previously been sold at. Self-Fertilizing Corn is Closer Than You Think. Quinn also mentions an international factor, this one from China. Tel: +233 234-972-832 or +1-508-812-0505 Contact us: [email protected] Updates on Fertilizer Prices Back to Publication Catalog This monthly price update shows the situation and the monthly prevailing Dealers' (Retail) prices of the four (4) fertilizer grades: Urea (45-0-0), Complete (14-14-14), Ammosul (21-0-0) and Ammophos (16-20-0). At a Public Accounts Committee hearing on Monday, April 1, 2019. the Chief Executive for the Cocoa Board , Joseph Aidoo, told the committee that over the years a lot of the Cocoa fertilizer was smuggled outside Ghana to be sold. Experts: Growers expect fertilizer prices to be higher in 2019. A research conducted by the Ghana Trades and Livelihoods Coalition (GTLC) in 2019 has shown that farmers' trust in improved seeds supplied under the Planting for Food and Jobs (PFJs) programme dropped significantly. Specifically, Knorr shares how India may have trouble paying Iran for Urea due to U.S. financial sanctions. The cost to the government is Ghc115 per bag of 50kg for NPK which is the most common form of fertilizer. Current price increases suggest $15 per acre higher costs for corn and $5 per acre higher costs for soybeans. Current price increases suggest $15 per acre higher costs for corn and $5 per acre higher costs for soybeans. August and September fertilizer prices confirm expectations of rising fertilizer costs for 2019. Subscribe to our newsletter for AgNook top stories each week! Wallpaper Market in Ghana to 2024. The fertilizer with the least price difference in the past year was MAP. the system and computation to derive optimal fertilizer rates, is the focus of this paper. It’s the fifth consecutive week that the price of all eight fertilizers fell. The Ministry of Food and Agriculture revealed that the price of compound fertilizer (NPK) which was GH¢85 in 2016, is now selling at GH¢ 57.50 pesewas. Also, Quinn’s piece includes a 8-year price chart for retail anhydrous. This activity should include estimates on how much corn and soybean growers should assume fertilizers will cost. Higher fertilizer prices then lead to higher fertilizer costs. This is comparable to port costs at A multivariate probit regression model was … Current retail prices of major fertilisers like Diammonium phosphate (DAP) are 17% less at Rs 1,200-1,250 per bag of 50 kg than the 2019 kharif season prices. As producers updated their 2020 crop budget, low fertilizer prices were a welcomed improvement. The… Quinn highlights that retail anhydrous is up 23% from this time a year ago. For 2019, this fertilizer application rate is $119 per acre, up $14 from 2018. Ghana: Cocoa Producer Price Up By 8.42 Percent - allAfrica.com … 6 hours ago, Tanchara Koro community members arrest 18 'galamsey' operato... Fertilizer price data (table 7) are available through 2014 (the supporting USDA survey, on annual prices paid, has been discontinued). The oil market has experienced similar challenges. Fertilizer prices continue to erode, but the pace of decline slowed, according to retailers tracked by DTN for the second week of September 2019. Ag Nook did write that “Self Fertilizing Corn is Closer Than You Think“, but such hybrids for 2019 aren’t likely to be available. “The fertilizer was taking about forty-five and in some cases sixty percent of the cost of production. Its highest value over the past 14 years was 34.76 in 2012, while its lowest value was 3.75 in 2002. Table 8: Apparent fertilizer 2use by product (MT) Product Ghana (2017) Kenya (2016) Lower fertilizer prices were an important source of crop budget improvements as commodity prices … “The other good thing of this development is that it will allow more use of fertilizer among agricultural production to increase crop yields,” he explained. The average national price was lowest in Ghana (0.80 USD kg-1), Kenya (0.97 USD kg-1), and Nigeria (0.99 USD kg-1). News Ghana is Ghana's leading online news portal for business in West Africa and around the World. This study examined the effect of farmers’ participation in the Government of Ghana fertilizer subsidy program on adoption of certified seeds among rice farmers in Northern Ghana. Fertilizer prices declined 5.4 percent in the first quarter of 2019 after three consecutive quarterly increases, with urea and DAP (diammonium phosphate) prices experiencing significant price drops. If the maize price goes up with a mere R250 per tonne (R2 … Urea – Up $4 at the Gulf. Schnitkey doesn’t sugar coat his analysis and jumps right into his key findings in his opening paragraph. Schnitkey goes a step further and puts a per acre cost increase for corn and soybeans. IES projects marginal fuel price increase, Interim Management Committee of Songor Salt project hands over to Electro-Chem Ghana Limited, GCB re-opens Derby Avenue Branch with tailor-made services for customer satisfaction, Small-scale miners welcome Akufo-Addo’s call for dialogue on galamsey fight, Ghana begins trading under AfCFTA agreement, AfCFTA functions transferred from Ethiopia to Ghana, Food is abundant due to Planting for Food and Jobs – Akufo-Addo, COVID-19: Airport protocols to be strengthened amid new virus variant – Akufo-Addo, Cedi closes 2020 with 3.9% deterioration to the dollar, Live updates: Ghanaians go to the polls today, Catch up on the latest news videos from around the world. A farmer is paying only half of it, which amounts to Ghc57.50 pesewas.” Dr. Owusu Afriyie Akoto said. Join the Ag Nook conversation by clicking the Facebook ‘Like’ button at the top or bottom of this article. The index rose 8 percent in the third quarter of 2018 (q/q) on high energy costs and tight supplies and was more than 18 percent higher than 2017Q3. 6 hours ago, RE: Confirmed, NPP is minority and NDC is majority in parlia, Fire outbreaks in Kumasi destroys properties, Tanchara Koro community members arrest 18 'galamsey' operato, The friends you keep will affect your breakthrough — Rev. For the period 2010 to 2013, the farm gate price for Ghana was set at 77.81% of the net free-on-board price . If the checkbook allows, one fertilizer cost-saving measure is to prepay at least a portion of your 2019 commercial fertilizer needs. Potash prices, for example, climbed from $300 per ton to nearly $400 per ton in 2019. Source: Ghana Crusader 2019-08-14 Cocoa farmers reject proposed price of GHC8,000 per tonne In 2018/2019, Ghana is estimated to have produced about 812 thousand tons of cocoa beans, a decrease from approximately 969 thousand tons in 2016/2017. A survey conducted in 2017 showed CIS received by farmers enabled them to make mixed strategic decisions on crop variety selection, time of planting, time of applying fertilizer, time of irrigating, time of harvesting etc. This, he said, would ensure a living wage … Nitrogen prices fell 11 percent in the first quarter after large gains in the second half of 2018 .The decline reflected weak Chinese seasonal demand, below-average use in North America due to early snow, and lower input costs (natural gas and coal).These factors more than offset strong import demand elsewhere, notably Brazil. Knorr anticipates higher retail prices for October as wholesale prices move higher. $ 559; March 2020; 13 pages; The report offers the most up-to-date industry data on the actual market situation, and future outlook of the market. Fertilizer consumption (kilograms per hectare of arable land) in Ghana was 20.88 as of 2016. In the same vein as both Quinn and Knorr, Schnitkey anticipates that current fertilizer price increases signal higher 2019 fertilizer costs. To match demand, food production will need to almost triple and this […] If the checkbook allows, one fertilizer cost-saving measure is to prepay at least a portion of your 2019 commercial fertilizer needs. More than 20 best deals for sale Buy Fertilizers online Search for Fertilizers with Addresses, Phone numbers, Reviews, Ratings and Photos on Ghana Business Directory DAP prices are close to $70 per ton higher and potash prices are near $35 per ton higher. Additionally, if you are planning a fall fertilizer application, “Avoid The Top 3 Fall Fertilizer Mistakes“. However, to analyze and recommend proper changes to the Ghana fertilizer value chain, it is. Potash – Trading at highest levels since 2015. According to industry sources, prices are expected to go up in 2019 if the exchange rate fluctuates and becomes unfavorable (Average Exchange Rate: USD1.00=GHS5.15). fertilizer price is around US$ 31.50 per bag, resulting in a cost of US$ 221 per hectare of productive cocoa and US$ 31.50 per hectare of land under rehabilitation. Compared to prices last spring -the average of prices reported in April and May- anhydrous ammonia prices are down 22% and DAP 17% lower. Menjo said there may be shortages. Cost increases will end a string of yearly declines in fertilizer costs that began in 2012. An increase of about five percent over the preceding year’s average price of GHS173.00. $ 559; March 2020; 13 pages; The report offers the most up-to-date industry data on the actual market situation, and future outlook of the market. NPK, urea, and DAP are the most significant fertilizer products currently in use in the target countries reviewed for this study. 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