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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Cotton margins improved slightly, even as fertilizer and fuel costs rose due to the Strait of Hormuz disruption linked to the Iran war.