Conflict between Israel and Iran could affect fertilizer prices

Israel's attack on Iran could impact fertilizer supply. "Iran is the third-largest exporter of urea fertilizer in the world, with 4.8 million tons per year, and the seventh-largest exporter of anhydrous ammonia," said Arlan Suderman of StoneX consulting in a note. "Many other major nitrogen producers are also in the region, and some transport their fertilizers through the Strait of Hormuz." An interruption in these supply chains could raise prices ...