SMALL FARMS MOST EXPOSED
At SG Veg Farm in Admiralty, fertiliser costs are a growing concern.
The rooftop farm atop a HDB multi-storey carpark imports fertiliser in small batches due to space constraints, maintaining only about two months’ supply. This means it lacks the benefit of bulk pricing and remains exposed to price volatility.
“Every two months, we need to make a purchase of fertiliser. This means we are subjected to any hike in prices,” said the farm’s founder Eyleen Goh, noting that about 10 per cent of monthly operating costs is spent on fertiliser.
“We looked at the prices of many different nutrients … they all increased, especially urea.”
Urea is the world’s most widely used fertiliser.
