The 2021 harvest for the majority of South Australian grain growers proved to be a huge success, with record-breaking grain prices and crops across the state. However, the 2022 production sector is looking apprehensive with sky-rocketing costs across the board.
Fertilizer and urea prices have increased two- and three-fold, leaving farmers emptying pockets for supplies they can’t go without.
“We’ve seen urea prices probably close enough to triple; the compound phosphorus fertilizers have more than doubled since last year,” Grain Producers Australia chairman Barry Large tells Farm Online.
“For my farm business, fertilizer is easily the major input cost, so it is a worry, especially when above-average crops last year have taken out a lot of nutrients.”
So how can farmers avoid purchasing fertilizer at these extreme costs?
Spanlift grain storage sheds can work as the ideal solution: they can be used to store bulk fertilizer when they’re not being used to store grain, so farmers can buy in the off-peak season when prices are lower.
It’s a practical way to keep supplies on-farm and can benefit your property for the next season.
“Product segregation can be made easy in any Spanlift shed with the option to include loading canopies at each end and an internal dividing wall,” explains Charles Grace, Spanlift Business Development Manager.
“That means a storage shed won’t be wasted when you’re not using it after harvest, so you can reap the rewards and see a return on investment in no time.”
Long term grain storage is a viable option for farmers with a range of benefits, including market control and quick access. Click here to learn more about what we have on offer, and contact us for a quote here.