Strait of Hormuz Disruption Drives Nitrogen Prices Sharply Higher — Prairie Crop Margins Under Acute Pressure
Published: April 27, 2026 Folder: Input Prices Category: Fertilizer — Nitrogen, Phosphorus The Structural Condition Three converging supply-side failures have driven nitrogen fertilizer to its most stressed position since 2022, and the most acute of the three has arrived at the worst possible moment in the Prairie production calendar. The Strait of Hormuz, through which…