Farmers are choosing to skip laying down fertiliser for a year as costs rise, but are still willing to spend on seeds and crop-protection products, the nation's main supplier says.
Nufarm chief executive Rico Christensen says farmers around the world are looking to offset rising fuel and fertiliser prices as a result of the conflict in the Middle East.
"Most farmers, they have options to reduce some of their fertiliser applications," he told an earnings briefing on Wednesday.
Farmers who have done their work in previous years can skip fertiliser application for a year or reduce it without a significant impact on yield.
"What they do not seem to be compromising on is the quality of the yield that they deliver on farms," Mr Christensen added.
