Supplies of urea, agrochemicals and other inputs will be adequate for the year ahead, despite concerns about the impact of COVID-19 on supply chains, Rabobank agricultural analyst Wes Lefroy says.
Qatar and Saudi Arabia, Australia’s largest sources for urea imports, are producing the material with little interruption at this point, he says.
“On average, 60 per cent of our yearly imports of urea arrive on Australian shores during the April-July window,” he says.
“And Australia typically imports 90 per cent of its total urea requirements, so we are heavily reliant on global supply chains.”
Even if supplies from the Middle East were interrupted, supplies from China, Indonesia and Malaysia could take its place, he says.
But while urea supplies look stable, supplies of chemicals glyphosate and trifluralin, among others, are…
