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Urea fertiliser price dive is a win for farmers and shoppers

Chris Lawson Perdaman

Shoppers should see the benefits of the fertiliser price slide. (Landline)

Fertiliser prices have fallen from their record highs in 2022, with urea now worth about a third of its price last year.

Urea is the world's most commonly used nitrogen fertiliser and according to CRU analyst Chris Lawson, the price is now back to levels seen prior to Russia's invasion of Ukraine.

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