Fertilizer Supply Risks Rise as Global Trade Disruptions Impact Prices
New analysis from University of Illinois farmdoc highlights increasing fertilizer market volatility tied to disruptions in the Strait of Hormuz, a key global trade route. The conflict has already contributed to significant increases in nitrogen fertilizer prices across the Corn Belt, with some products rising 20–40% since late February. As supply chain uncertainty continues, ag retailers should prepare for ongoing price volatility and potential shifts in application decisions heading into the growing season.