The conflict between Israel and Iran could cost U.S. farmers when it comes to fertilizer orders. The situation has only added to recent challenges for global urea and nitrogen markets, resulting in higher prices.
Josh Linville with StoneX spoke with RFD-TV’s Jennifer Vickery Smith about the ripple effects he is seeing, current prices, and advice for producers.
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The latest developments point to shifting export routes, higher congestion risk, and continuing cost pressure for grain, fertilizer, and energy shipments.
Purdue University’s Dr. Michael Langemeier joins us to break down the latest read on farmer sentiment in the April Ag Economy Barometer, and growing concerns about the impact of global conflict on farm inputs and income.
StoneX’s Josh Linville discusses USDA’s efforts to boost domestic fertilizer production and his outlook on supply and prices.
Farm Bureau Economist Dr. Faith Parum discusses USDA’s efforts to expand fertilizer capacity, signals for farm profitability, and AFBF’s Farm Bill expectations.