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Tracking Fertilizer Costs Since the Beginning of the Conflict in Iran | Iowa Agribusiness Radio Network
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Tracking fertilizer costs since the beginning of the conflict in Iran | Iowa Agribusiness Radio Network
Fertilizer prices have climbed sharply following the outbreak of conflict involving Iran, raising concerns about higher production costs for U.S. farmers in the years ahead. Analysts say nitrogen fertilizers have seen the largest increases due to disruptions tied to the Strait of Hormuz, a key shipping route for global fertilizer supplies. According to recent University of Illinois production cost data, anhydrous ammonia prices jumped from an ave
Geopolitical crises such as the blockade of the Hormus road show how dependent agriculture is on fossil raw materials and global supply chains - and why organic farms are now in advantage.
·Leipzig, Germany
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