Fertiliser

Question

Please describe the precise mechanism by which fertiliser supplies were underwritten or otherwise supported by EFA? ; a. How many distinct shipments were underwritten or supported financially? Companies involved in each? Arrival dates in Australia? Volume of each? ;b. What was the cost of the underwriting (or other financial mechanism) for each individual shipment? ;c. What price certainty did this give Australian farmers, or did it only provide supply certainty? ; d. Can the mechanism chosen leave supply 'over-hangs' which may result in fertiliser prices remaining higher for longer in Australia?