Politics

The new development follows months of delayed procurement in Southeast Asia, as importers awaited India’s annual potash settlement to set a new regional price reference.

Rollins said the Army Corps permit for the world’s largest planned ammonia plant could be finalized within 45 days, and stalled FPEP projects are back in motion.

New agricultural commitments aim to rebuild trade flows devastated by tariffs and could reshape U.S. fertilizer demand, soybean acreage, and grain export forecasts through 2028.

The World Bank has warned fertilizer prices could climb more than 30% further in 2026 if the Hormuz blockade persists, as 260 million people already face acute food insecurity and urea has already spiked 53% from pre-conflict levels.

Record temperatures and disrupted fertilizer imports raise concerns about rice and coarse grain production for the 2026 kharif season.

A draft European Commission plan proposes linking potential emissions relief to the expansion of low-carbon and domestic fertilizer production, in response to rising costs following disruptions in the Strait of Hormuz.

Five witnesses told the Senate Agriculture Committee that the fertilizer crisis predates the Iran war and won’t end when it does.

The agency reports these lenders are linked to nearly half of delinquent OneRD guaranteed loans as oversight of federal rural lending programs increases.

The Lowering Input Costs for American Farmers Act targets a 2021 CVD order that has progressively collapsed in federal courts.

A sulphur cargo under quarterly contract made it through after a lengthy delay, but eight other phosphate-linked vessels remain stranded — and Kuwait has raised its May sulfur price by $195/t to $765/t FOB as scarcity bites.

The AFBF’s survey of 5,700 producers during peak planting finds affordability worst in the South, where only 19% pre-booked fertilizer — and farm bankruptcies have now risen for three consecutive years.

India is shifting to collective procurement for phosphate and potash fertilizers amid Strait of Hormuz supply disruptions, with IPL’s first joint DAP tender drawing 2.3 million tonnes of offers — nearly double the volume sought.

With urea up 50% and ammonia up 30% since the Iran conflict began, the administration is deploying Jones Act waivers, Venezuela sanctions relief, and $1.5bn in DOE financing for new plants — while antitrust probes target fertilizer market concentration.

Federal financing and expedited permitting highlight efforts to rebuild domestic nitrogen fertilizer capacity and decrease reliance on imports.

Jordan’s government has greenlit a $1bn green ammonia facility, adding the country to a growing roster of Middle Eastern and North African nations investing in fossil-fuel-free nitrogen production.