With prices for fertiliser, oil and fuel expected to surge in the coming weeks due to the conflict in Ukraine, Cotterills recommends storing these items now to reduce your costs and avoid shortages. We supply a wide range of competitively priced storage tanks ideal for this purpose.
This week, reports confirmed that UK farmers are facing rapid price increases as the war in Ukraine disrupts exports from Russia and drives up production costs.
At the start of this week, fertiliser prices surged towards £1,000 per tonne, up from about £650 the previous week. This rise is directly linked to surging gas prices — a key component in fertiliser production. According to the NFU, nitrogen fertiliser prices are already up over 200% from last year.
Red diesel prices have also increased sharply. Farmers Weekly reported a Midlands-based farmer paying 112p per litre this week — compared with 73p per litre just 10 days prior — a rise of more than 50%. Some farmers are now paying as much as 130p per litre as prices continue to climb.
One way to minimise the impact of further price hikes and avoid shortages is to stock up now while supplies remain available and relatively affordable. This proactive strategy is one we’re seeing many of our farming customers adopt to protect their operations and reduce costs.
How can Cotterills help?
If you need a reliable solution to store your fuel or fertiliser, Cotterills can help. We supply a wide range of fuel storage tanks manufactured from specialist-grade polymer, ranging in size from 1,300 to 9,250 litres.
Additionally, our fertiliser tanks are perfect for storing liquid fertiliser. Made from durable polyethylene, they range from 4,000 litres up to 30,000 litres, offering safe and efficient on-site storage.
Other options include AdBlue tanks and bunded oil tanks, alongside many other storage solutions designed for farms and rural businesses.
Our background is in farming — our MD’s family have farmed for generations — so we understand your needs first-hand. Cotterills also specialise in land drainage and supply a wide range of products at cost-competitive prices, including land drainage coil, twinwall pipe, and large-diameter structured pipe.
Call us today on 0121 351 3230 to speak with one of our specialists and discuss how Cotterills can help you store and secure your supplies for the months ahead.
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