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Australia's largest fertilizer supplier secures most nitrogen for planting but warns of volatility due to global disruptions.
Australia's largest fertiliser supplier, Incitec Pivot, says most nitrogen for the current grain planting season is secured or en route.
However, uncertainty looms for later in the year due to global disruptions, including conflict in the Persian Gulf, China's export halt, and the closure of the Strait of Hormuz.
The company urges farmers to plan early, as the May-to-August peak import period faces significant volatility and high costs.
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El mayor proveedor de fertilizantes de Australia asegura la mayor parte del nitrógeno para plantar, pero advierte de la volatilidad debido a las interrupciones globales.