Iran war deprives US farmers of affordable fertilizer as spring planting looms - Reuters
Iran war deprives US farmers of affordable fertilizer as spring planting looms Reuters
Coverage by Political Leaning
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Notable Quotes
""It's a mess because it's spring.""
— Cedric Benoist , Other
""We're in a real bad situation now.""
— Jeff Harrison , Other
""Literally, this could not happen at a worse time of the year.""
— Josh Linville , Academic
"Obviously, that shows a significant jump, but also that’s a huge spread over the course of a week to see that level of uncertainty in the trade, as far as how much product is going to be coming in."
— Veronica Nigh , Other
"War in general is kinda bullish for commodities, and it’s really bullish corn."
— DuWayne Bosse , Executive
"One headline can certainly change the direction of grains, outside markets, everything, so quickly."
— Allison Thompson , Executive
"This strait is not only important to the U.S., but a lot of the Western world, who is not going to sit idly by and allow this to happen."
— Josh Linville , Academic
Key People
President of The Money Farm, focusing on grain trade.
Cedric Benoist is a farmer who grows wheat, barley, and other crops south of Paris.
Former president of the United States known for his aggressive economic policies.
Owner of Bolt Marketing and an expert on agricultural markets.
AFBF economist providing analysis on agricultural markets.
Jeff Harrison is a farmer from Quinte West in Ontario.
Fertiliser analyst at StoneX.
Seth Meyer is the former U.S. Department of Agriculture chief economist.
Chief economist with The Fertilizer Institute.
Xi Jinping is the General Secretary of the Communist Party of China and President of China.
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<a href="https://news.google.com/rss/articles/CBMiuAFBVV95cUxNU1d6dzRQSm1JY0kySGNtLWNtczlyRjZ1WjV1UUNTcGZPbVpidV9JRnVXYzYxSmRoSTNvOS1LSDY5bjhOUDU5Y2hZbFF2Tjl6T05ocFVRTU12UEtZUlo4VXJDeEVUYXd4RzZwWmVuajdDWDdqbmtaRkdYWFl5QTlSck5xdnFXaHdreHhlME8xbEFvWHNqbzdzRjRUYWR5amFlUk1uSUF6WVMtR1ZWWlJiaDJSRDl1TExS?oc=5" target="_blank">Iran war deprives US farmers of affordable fertilizer as spring planting looms</a> <font color="#6f6f6f">Reuters</font>
The military strikes on Iran have led to a significant increase in fertilizer prices, impacting Oklahoma farmers who rely on imported fertilizers for their crops.
The closure of the Strait of Hormuz due to escalating tensions between the U.S. and Iran is adding immense pressure to global fertilizer markets, affecting U.S. farmers as they prepare for the planting season.
The ongoing Iran war threatens global supply routes, including the Strait of Hormuz, which carries a third of the world's fertilizer. This disruption could lead to higher input prices for U.S. farmers, potentially causing a surge in food costs ahead of the midterm elections.
American farm leaders warn that the conflict involving Iran could push up global fertilizer and fuel prices, adding pressure on farmers already struggling with rising costs and volatile markets.
The conflict between Israel and Iran could impact the price and availability of urea, a key nitrogen fertilizer, due to potential disruptions in the Strait of Hormuz.
Following strikes in the Middle East, both Iran and Egypt halted production, leading to a significant rise in global urea prices, affecting farmers worldwide.
The closure of the Strait of Hormuz due to the Iran conflict poses significant risks to global fertilizer supply chains, especially for U.S. agriculture, which heavily relies on imports for the spring planting season.
The escalation of the Iran conflict has led to soaring fertilizer and fuel prices, leaving farmers scrambling for supplies as the spring planting season approaches.
Geopolitical tensions involving Iran are adding uncertainty to global energy and fertilizer markets, potentially affecting U.S. farmers' spring planting decisions and input costs.
The Iran conflict is expected to increase global fertilizer and fuel prices, adding pressure on U.S. farmers already facing high production costs and volatile markets.
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