WAFarmers wants to save their members up to $100 per tonne on fertiliser costs for the coming season via a new scheme with Ravensdown United Farmers.
WAFarmers has reached an understanding, at this stage for the 2009 season only, whereby savings achieved by increased orders of MAP and DAP fertiliser through Ravensdown United Farmers will be passed back to WA farmers.
According to WAFarmers, a collective order of an additional 40,000 tonnes (2.6pc of the WA fertiliser market) above Ravensdown United Farmers budgeted sales will result in farmers receiving a $100/t (excluding GST) discount.
For MAP and DAP fertiliser, and based on current market figures, this equates to a cost of $929/t (GST exclusive – Ex Kwinana) and $895/t (GST exclusive – Ex Kwinana) respectively, prior to other potential benefits such as Ravensdown United Farmer's annual fertiliser rebate and Australian Shareholder Incentive Scheme.