Fixed Price Nitrogen

Take some of the guesswork out of your fertiliser costs

Fixed Price Nitrogen takes some of the guesswork out of your fertiliser costs. You can apply to fix the price for some or all your Urea or SustaiN until 31 March 2025.  

It’s a financial tool to help you manage some of the risk from volatile commodity prices providing certainty on your input costs. 

As a globally traded commodity, Urea prices have become much more volatile in recent years, which in turn can create uncertainty when managing your business. 

Opting to fix may help you manage this price risk and benefit your business through:   

  • Stability: Fixed Price Nitrogen lets you lock in more of your input cost, minimising the risks to your business 
  • Certainty: You can budget and forecast more accurately in a volatile environment, helping your business stay on track. 
  • Ease: A simple tool in your financial toolkit to use when it suits your business. 

An application process will apply to allow all Ballance Shareholders to participate. You’ll be able to apply from this page in September. 

There will be a limited number of contracts and volumes available in this round. We’ll be learning from this initial launch and future application windows may be made available.

Applications are now closed

If you want more information or to discuss how Fixed Price Nitrogen could work for your business, contact your Nutrient Specialist or download our Fixed Price Nitrogen Guide.

We encourage you to discuss the possible implications of Fixed Price fertiliser with your rural professional or financial advisor

How does it work? 

You’ll apply to purchase a volume of Urea or SustaiN at a fixed price for a six-month contract period (30 September 2024 to 31 March 2025). There is a minimum application volume of 10 tonnes and maximum volume of 500 tonnes.

If your application is successful, we’ll invoice you for the Fixed Price, instead of the Trade Price when you order your Urea or SustaiN as normal during the contract period.

By the end of the contract (31 March 2025), you must have uplifted your entire contracted volume. Otherwise, you will be charged a break fee for the shortfall.

What is the fixed price?

SustaiN and Nrich Urea are available for the pilot. The fixed prices are:

  • SustaiN - $908/T bulk 

  • Nrich Urea - $859/T bulk

Store charges, bagging fees and mixing fees and GST are not included in the Fixed Price.

How do I apply? 

Applications are now closed.

Before you start the application, you must have:

  • Ballance Customer Number – you can get this from your MyBallance account (or contact our team on 0800 222 090) 
  • Selected your product – SustaiN (10707) or Nrich Urea (10087) will be available in this round 
  • Determined your volume – there is a minimum 10 tonne and maximum 500 tonne commitment.

If your application is accepted by Ballance, it will become a binding contract and you are required to take the contract volume of Urea or SustaiN. Please ensure you accurately complete the application form.

Please note, that based on customer feedback and interest, we have reduced the minimum contract volume to 10 tonnes to make it more widely available

More Information

Entering into a fixed price contract for fertiliser can be a significant business decision. We encourage you to seek approriate advice and read the Fixed Price Nitrogen Guide and Terms and Conditions before applying.

Important Documents

The information published by Ballance (excluding the Fixed Price Nitrogen Terms and Conditions) is general information only and is not in the nature of advice. While we have used best efforts to ensure the information is correct as at the time of publication, we make no representations or warranties (whether express or implied) that the information or data (including any worked examples) provided in this guide is accurate, reliable or complete. You are solely responsible for your evaluation of this information. We recommend you seek independent professional advice as appropriate. We will not be liable for any loss arising from any actions or decisions taken by you in reliance on the information contained in this guide.