Tidbits, Fertilizer, Q&A: 2026 Corn Strategy 3/8/26
- Wright team
- 2 days ago
- 5 min read
Tidbits
Iran’s president issued an apology to neighboring countries to calm regional anger at Iran’s strikes on Gulf civilian targets and urged them not to join the U.S. and Israeli attacks on Iran.
Fertilizer: From Agrinvest and Dellagro Team:
"The global fertilizer market went on alert following escalating tensions in the Middle East, which increased logistical uncertainties in the Persian Gulf and the Strait of Hormuz, a key route for nitrogen and phosphate fertilizers. Until last week, urea was relatively stable in Brazil between US$ 475–485/t CFR , with low activity and a weak lineup. Abroad, the Indian tender supported prices, while the US and the Middle East registered increases, amid competition for volumes and uncertainties in supply.
In other nutrients, ammonium sulfate gained support with firm demand and the possibility of replacing urea if there are logistical restrictions. In phosphates , MAP in Brazil traded between US$ 730–740/t , with limited liquidity and cautious buyers. KCl remains stable between US$ 370–380/t CFR , with occasional deals below that. The scenario now depends on geopolitical developments, which could increase freight costs, maritime insurance, and volatility in global fertilizer prices."
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