[9 June/ Rural News Group]

Fertiliser Co-op Ravensdown this week paid out an interim rebate of $20 per tonne to farmer shareholders. Ravensdown Chief Executive Greg Campbell said the rebate would give farmers confidence going into winter and spring growth periods, and those attending national Fieldays will have more money. Ravensdown is cutting the price of its mainline NPKS inputs, with a tonne of potash or urea costing 6 percent less, granular ammonium sulphate costing 9 percent less and Superphosphate decreasing from $319 to $309 per tonne. Mr Campbell said the early rebate, price competitiveness and spread-ready quality would help farmers optimise value from the land.