fertilizer News Updates

Fertilizer prices were dropping sharply April 17 after Iran said the Strait of Hormuz was open, bringing some much-needed relief to farmers.

USDA is seeking information from farmers to help with an ongoing Justice Department probe into high costs for fertilizer, machinery and other farm inputs.

The announcement comes as global flows of fertilizers have been disrupted by the Iran war.

The Fertilizer Transparency Act would “offer market participants of all sizes comparable levels of market information on fertilizer components.”

The shipping disruption has largely stopped the export of nitrogen fertilizers made in the Persian Gulf and limited access to fertilizer ingredients.

A logjam of more than 100 ships, tugboats and their convoys of barges in the shrinking Mississippi River is threatening to grind trade of grains, fertilizer, metals and petroleum to a halt.

The fertilizer shortage that threw the agricultural sector into disarray and pushed food costs higher globally may be fading.