First Tidal Acquisition Corp T.AAA

RE:RE:Oil going down bullish for potash = more use by farmers

[Fertiman]

overall Suzie HorneWednesday 24 September 2014 13:14 Fertiliser bags being loaded Lower fertiliser, seed, feed and fuel costs contributed to a 1.77% fall in average farm input costs in the year to the end of August. Buying group AF’s six-monthly AgInflation Index tracks the cost of more than 130 farm inputs and has shown its first overall fall since 2008-9. “The fall in the cost of fuel in particular reflects the continual reduction in fuel prices, with the price of a barrel now well below US$100 and predicted to fall further in the coming months,” said AF chief executive Clarke Willis. Fuel prices fell 8.1% compared with an increase of 8.5% in the previous 12-month period, while seed prices dropped 14.1% after a 3.8% increase in 2012-13. Fertiliser was down 6.2%, but chemical costs rose by 1.4% on high demand and increased production costs. https://www.fwi.co.uk/business/farm-input-costs-fall-overall.htm