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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Fred Nichols with Huma joins us to break down “just in time” fertilizer applications, a growing trend in modern nutrient management as input costs continue to pressure farmers.
Industry leaders say damage tied to the Strait of Hormuz conflict may continue impacting global fertilizer supplies long after shipping resumes.
European officials say the temporary move is aimed at easing pressure on farmers as conflict in the Middle East disrupts fertilizer markets.
Current estimates are already hovering around 80 weeks.