Fertilizer Producers Report Sales Surge Amid Global Supply Disruptions Caused by Iran Conflict

Story Summary
Fertilizer giants CF Industries Holdings Inc. and Nutrien Ltd. reported nearly 20% quarterly sales increases as the ongoing conflict with Iran disrupts global nitrogen supply chains. The closure of the Strait of Hormuz has driven granular urea prices up 36% in New Orleans and over 70% in Egypt, allowing producers to capture higher margins despite rising input costs. While these firms benefit, the volatility has intensified scrutiny from the U.S. Department of Justice regarding potential price-fixing, though no charges have been filed. Farmers face mounting financial pressure, with two-thirds of respondents in a Purdue University survey expecting lower 2026 net income. Despite strong earnings, shares for both companies declined as investors weigh weak farmer sentiment against the fragile state of global agricultural markets.





