price of fertilizer in ghana 2020

price of fertilizer in ghana 2020

Latest market update. All rights reserved. Commercial and Subsidized Urea and NPK 15-15-15 Prices (October 2018) ..14 Figure 5. News Ghana is Ghana's leading online news portal for business in West Africa and around the World. Additional information. Incorporated in November 1998, Green-Gro Limited was the first company in all West Africa to commercially produce a fully aerobically composted organic fertilizer and substrate that was suitable … Cassava price of US$ 0.104 and fertilizer use costs of US$ 1.25, 2, and 1.25 for N, P and K kg −1, respectively, were used to calculate VCR (1 US$ was equivalent to Tanzania Sh 2230, Kenya Sh 103.3 and Ghana cedi 4.241). The prices cover the most commonly used products: ammonium nitrate (UK produced and imported), liquid nitrogen (UAN), granular urea, potash and phosphates. feb-destiny enterprise, was established in 2020 in ghana-west africa,business registration number bn413192020 with a strong determination to grow higher and becomes the world leading market.we cherish our customers . According to the implementation strategy of the fertilizer subsidy programme for the 2020 farming season, the distribution of subsidized fertilizer was scheduled to end in November 2020. joseph: We should have some control on ambulances. Customer Support. Africa, Fertilizers, Markets, News, Phosphate October 26, 2020 October 26, 2020 Desktop African Development Bank (AFDB) is partnering with Africa Fertiliser Financing Mechanism (AFFM) in a $4 million partial trade credit guarantee with OCP Africa, a subsidiary of the OCP Group, to increase fertiliser use and boost food production in Ghana and Côte d’Ivoire. They said that the subsidised 25 kilograms NPK fertilizer was being sold between 50 and 55 Ghana Cedis, while the same weight of Urea was also being sold between 45 and 50 Ghana Cedis. potassium fertilizer supply, demand and potential balance. “This led to a shortage of subsidized fertilizer in the country, especially in the Northern part of Ghana,” he said. Anchor House, Accra. Search in Fertilizer Industry (32 reports), Soil Preparation and Cultivation Machinery Market in. Make sure you don’t miss any news and follow us on. All. General News National-level fertilizer price data may be available, yet it may not reflect the extent of spatial variation within the country due to high transportation costs and other factors. November 2020 fertiliser review. Talk to Sam +1 718 303 2384. To better understand patterns of, and opportunities for, fertilizer use, location specific fertilizer price data may be relevant. You can change your Cookie Settings at any time but parts of our site will not function correctly without them. Add data for Ghana. He noted that interestingly, Urea, which forms part of the fertilizer subsidy programme and was in high demand in August was not supplied by most fertilizer companies, as at the time distributing companies were directed to stop supplying. We compiled local market price data . Applying 1 kg of nitrogen fertilizer led to a yield increase of 22-26 kg/ha in both the northern and the southern regions of the country. Low crop yields in Sub-Saharan Africa are associated with low fertilizer use. Monitor the impact on your business. As part of his campaign for the upcoming December 2020 elections, the flagbearer of the NDC has paid courtesy visits to some regions in the country including Upper West, Brong Ahafo, and Volta regions. In 2020, this example fertilizer rate would cost $95 per acre, a $20 per acre reduction from 2019 spring prices (-17.6%). The Ghana Cocoa Board in 2019 suspended the free distribution of fertilizer to farmers as a measure against smuggling. November 2, 2020 (gpnews) – Mr Peter Osei Amoako, Director of Finance, COCOBOD, says the Board paid a total of $19.25 million to Agricult Ghana Limited for procurement of fertilizer in the 2013/2014 crop season. The Asante Bekwai Circuit Court has sentenced a farmer who stole his employer’s bags of …, Ghana Business News © Copyright 2021, All Rights Reserved, Informants on smuggling of fertilizers to be rewarded, on Informants on smuggling of fertilizers to be rewarded, Inside the News by Mpakoo – All pieces appearing in this column are satire, Teenager granted bail over feigned kidnapping, EP Church in serious crisis – Acting Moderator, MPs drama in electing Speaker distasteful and disgraceful – Christian Council, Court jails farmer five years for stealing cocoa. Project: GLSS 6; Authors: Edward Martey. The Monthly Update publication dubbed: “Fertilizer Watch” is a summary of findings from real-time on-field monitoring by selected PFAG members to address issues of poor targeting, untimely delivery and access to subsidized fertilizer provided by the government on the Planting for Food and Jobs programme. He said this year was more of open sales and there was no need for identification, saying, even non-farmers could easily exploit the subsidized fertilizer. Fertilizers Price Index is at a current level of 78.83, up from 77.14 last month and up from 72.63 one year ago. He said there was no information on fertilizer allocation to respective regions and districts and “this gives room for diversion and smuggling by retailers and their accomplices.”. October 2018; Heliyon 4(10):e00844; DOI: 10.1016/j.heliyon.2018.e00844. Search industry reports, statistics & slideshows, Download Unlimited Documents from Trusted Public Sources, Organic Fertilizer Market Trends in Ghana, Purchase Reports From Reputable Market Research Publishers. The cost to the government is Ghc115 per bag of 50kg for NPK which is the most common form of fertilizer. He said the project was being implemented in seven Districts (Shai Osudoku, Hohoe, Pusiga, West Mamprusi, Sissala East, Mamprugu Magduri and Gushegu), across five regions and it was funded by the International Budget Partnership. Find in our directory the list of companies by tag Fertilizers in Ghana. He said the Committee included officials of MoFA and the Bureau of National Investigations, where some fertilizer companies were invited and questioned on the smuggling issues. Kotoko confirms eight positive COVID-19 tests, Antwi-Danso urges Akufo-Addo to consider having lean government, Ghana Parliament issues apologies for incidents at inauguration, WAEC releases 2012 BECE provisional results, Glo Ghana commences launch activities with ‘Number Reservation Campaign’, WAEC releases 2012 WASSCE provisional results, Ghana Immigration Service to train senior immigration officers in sub-region, Nigeria’s Goldie of Big Brother Africa dead, celebs pay tribute, Nigeria’s Finance Minister almost weeps, begs citizens to accept petroleum subsidy removal. The farmers, who chose to remain anonymous due to victimisation, told the Ghana News Agency that what baffled them was that Planting For Food And Jobs (PFJ) was boldly written on the sacks. Get Reports. Is Trump likely to face criminal prosecution after leaving office? tags: ghana agriculture suppliers ghana textiles suppliers IFDC Staff | January 23, 2020. Map. “Organic fertilizer will be GH¢15 flat. Fertilizer use by crop in Ghana. Cost of living and prices in Ghana, prices of food, rent, shopping, etc. Previously, the low of $97 per acre was observed in 2017. Sep 10, 2020 Retail fertilizer prices tracked by DTN for the first week of September 2020 are more mixed than in recent weeks. He said the development may limit the impact of fertilizer subsidies since the application of only NPK without urea could negatively affect crop yields. The Ghana COCOBOD has announced over 53 percent reduction in the prices of fertilizer to cocoa farmers in the country. Agriculture; Agricultural Input; Agrochemical; Fertilizer; Publication dates. 2 FOCUS ON FERTILIZER PRICES AND COSTS COVID-19 situation The number of new cases of COVID-19 has surged by 26% from last week, with a significant increase in 7 countries (Benin, Cape Verde, Cote d'Ivoire, Ghana, Liberia, Mali, Mauritania), for a total of 46,230 cases as of June 9. He said that notwithstanding, the programme came to an abrupt end in the last week of August 2020. Ghana Fertilizer Value Chain Optimization Study Revised August 2019 ... FOB Fertilizer Prices – Increasing Steadily Since Mid-2017 .....12 Figure 3. Food Prices in Ghana. This system is to combat the issues on smuggling that were rampant in the distribution of subsidized fertilizers. Updated Dec 2020 Ghana is country located in Western Africa. The report offers the most up-to-date industry data on the actual market situation, and future outlook of the market. Mr Charles Nyaaba, the Head of Programmes and Advocacy, PFAG said the Association and SEND Ghana were jointly implementing a project that was harnessing the agency of farmers in demanding efficient and accountable utilization of budget resources for sustained improvement in subsidized fertilizer service delivery. The average rate of fertilizer application on most crops is low and the removal and loss of plant nutrients substantially exceed their replacement. In addition, the authors found that growing maize with fertilizer is profitable for Ghana’s farmers, at both market prices and subsidized prices. He said PFAG presence in some districts led to price stability and availability of subsidized fertilizer for smallholder farmers. According to COCOBOD, the new policy directive by management is aimed at enhancing access to cocoa fertilizers to improve yield and incomes of cocoa farmers. We found 36 companies. The present study investigated the effect of factors influencing mineral fertilizer adoption and use intensity among smallholder farmers in Northern Ghana. The Ministry also revealed that the price of urea is currently selling at GH¢47.50 pesewas instead of the GH¢80 it was previously been sold at. Peasant Farmers Association of Ghana (PFAG) in its Monthly Update on Fertilizer Subsidy Programme for September 2020 said during the second week of August when the Association members were monitoring the fertilizer supply, the 25kg of NPK was being sold between GH¢42 – GH¢45 by many retailers depending on the location, instead of the fixed GH¢42. Fertilizer in Ghana company list , suppliers, manufacturers in Ghana. The GB fertiliser price series aims to increase transparency in the market and help levy payers understand price trends for a key input. Report: Commodity Markets Review: Category: Chemicals Region: N/A: Source: World Bank: Stats. Get Price. The Programme Officer said based on their findings, the government has sent a committee to follow up on issues raised by PFAG in the various districts (Sissala East and West, Kassena Nankana West, Bawku and Pusiga) in Northern Ghana where fertilizer smuggling was rampant. The official language of Ghana is English. Current maize yields in Ghana average only one-third of their estimated potential, but this yield gap can be reduced by intensifying the use of fertilizer and inputs. This is a change of 2.20% from last month and 8.54% from one year ago. Mr Nyaaba said though government funded fertilizer remained subsidized, it was sold at about 85 per cent instead of 50 per cent of market price per government policy and 2020 budget. Green-Gro Ltd. New Albany Place, 1st Circular Road Cantonments, opp. 'It's very interesting that subsidized fertilizers are sold at GH¢89.00 per 50 kg bag and GH¢84.00 per 50kg bag for compound fertilizer and urea respectively,' Chairman of the National Farmers and Fisheries Award Winners Association of Ghana, Davies Korboe, disclosed at a press conference on Wednesday. Last Year (5) Last 2 Years (8) Last 3 Years (13) All regions. Tel: +233 234-972-832 or +1-508-812-0505 Contact us: [email protected] $ 559 Comments Off on Informants on smuggling of fertilizers to be rewarded. The Peasant Farmers Association of Ghana findings have led to the government initiating a reward system for communities to provide key informant information on smuggled fertilizers. Select city in Ghana: Do you live in Ghana? “No information is available about the distribution across regions,” he said. Traditional, soil exhausting, cultivation practices are still used extensively. Industries . What it means is that the 57 cedis represents 50% reduction as the subsidy amounts to 50%. Currency: Sticky Currency Switch to metric measurement units. More broadly, 2020 will likely be the lowest corn fertilizer expense in more than 10 years. Ghana covers an area of 239,460 square kilometres. Retail Fertilizer Prices – Not Yet Impacted by the FOB Price Increase .....13 Figure 4. By continuing to use this site you consent to the use of cookies on your device as described in our Cookie Policy unless you have disabled them. ReportLinker simplifies how Analysts and Decision Makers get industry data for their business. At a Public Accounts Committee hearing on Monday, April 1, 2019. the … Ghana has extensive areas of land suitable for agriculture but the soils are productive only with proper management. Welfare effect of organic fertilizer use in Ghana. “This is going to eliminate, not entirely, but scale down the importation of already blended fertilizers so if previously Ghana was importing everything blended fertilizers, now we have in-house companies like Glofert being the biggest blender of fertilizer by capacity and being able to blend 2,400 metric tons a day. Bordered by Burkina Faso, Ivory Coast, Togo. Soil Preparation and Cultivation Machinery Market in Gha… This may lead more countries to reconsider their health policies, as Cote d’Ivoire, which has just announced … > Fertilizer Industry 2020 - Ghana Market Research & Statistics; Fertilizer Industry 2020 - Ghana Market Research & Statistics. The project is titled: “Efficient Fertilizer Subsidy Programme for Enhanced Food Production by Smallholder Farmers in Ghana.”. Reportlinker.com © Copyright 2021. April 2017. He said under the administration of the National Democratic Congress (NDC) in 2015, cocoa farmers were given free supply of fertilizers, aside from the yearly increase in producer price … A total of 330 smallholder farmers selected through multi-stage sampling technique were interviewed. “Security agents, fertilizer distributors and retailers, some staff from the District Department of Agriculture and some politicians were identified by PFAG as key partners in the fertilizer hoarding and smuggling business,” he added. Business information about company profile, Email, Tel, Phone, Fax. Last Value: 78.83: Latest Period: Dec 2020: Last Updated: Jan 6 2021, 11:20 EST: Average Growth Rate: 6.97%: … FAO and other members of the Fertilizer Outlook Expert Group met in June 2016 to review the medium-term supply and demand prospects for nitrogen, phosphate and potassium fertilizer, and to prepare forecasts for the period 2016-2020, the results of which are presented in this report. Kwabena More: Interesting views Mr. Timore! The Head of Programmes and Advocacy said the majority of smallholder farmers, who were waiting to purchase Urea for top dressing in September were highly disappointed since most of the fertilizer companies promised to supply urea in September. Ghana has a population of 24,339,838 and a population density of 101.64 people per square kilometre. A farmer is paying only half of it, which amounts to Ghc57.50 pesewas.” Dr. Owusu Afriyie Akoto said. Northern Ghana is characterized by food insecurity largely due to over reliance on rain-fed agriculture under low farm input conditions. “Organic fertilizer will be GH¢15 flat. Mr Nyaaba said though government funded fertilizer remained subsidized, it was sold at about 85 per cent instead of 50 per cent of market price per government policy and 2020 budget. Mr Nyaaba said Management of PFAG presented reports of fertilizer smuggling especially at border districts in Northern Ghana, limited access of fertilizer by smallholder farmers and fertilizer hoarding to the Director of Crops on September 3, 2020, in his office. Speaking to Citi Business News in an interview, the Public […] He said the first payment, was made on August 13, 2014 by a letter of instruction to the Ghana … He explained that some retailers have capitalized on the shortage of fertilizer to hike fertilizer prices. Peasant Farmers Association of Ghana (PFAG) in its Monthly Update on Fertilizer Subsidy Programme for September 2020 said during the second week of August when the Association members were monitoring the fertilizer supply, the 25kg of NPK was being sold between GH¢42 – GH¢45 by many retailers depending on the location, instead of the fixed GH¢42. A team of representatives from EnGRAIS, GoG, and MoFA at the YARA fertilizer blending plant site in Tema, as part of the Ghana Fertilizer Value Chain Optimization Study activities. The Ministry of Food and Agriculture revealed that the price of compound fertilizer (NPK) which was GH¢85 in 2016, is now selling at GH¢ 57.50 pesewas. Local market prices of fertilizers is one of critical information to estimate economic returns from farming. on sub-national disparities in fertilizer prices is the scarcity of such… Bag of 50kg for NPK which is the most up-to-date Industry data on the Market! 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