Senate Trio Introduces Bills to Shield Farmers From Iran War Supply Shocks

Senate trio introduces bills to shield farmers from Iran war supply shocks

A bipartisan group of senators has introduced legislation aimed at stabilizing fertilizer markets and boosting domestic production amid trade disruptions tied to the Iran war and the closure of the Strait of Hormuz. Sen. Amy Klobuchar (D-MN), the ranking member of the Senate Agriculture Committee, joined panel members John Thune (R-SD), also the majority leader, and Roger Marshall (R-KS) in unveiling two bills targeting fertilizer price volatili…

Strait of Hormuz crisis threatens world fertilizer supply chain

Vital energy and oil waterway’s closure estimated to reduce global fertilizer supply chain by 33%, while halting shipments affect food security, amid doubling of natural gas prices, fertilizer plant shutdowns - Anadolu Ajansı

DA SECURES FERTILIZER SUPPLY AMID OIL PRICE HIKES

The Department of Agriculture (DA) is moving to lock in fertilizer supplies from key global producers as oil-driven price spikes threaten farm output later this year. Agriculture Secretary Francisco Tiu Laurel Jr. said Manila has opened talks with several countries, including China and Russia, to ensure steady deliveries of the critical farm input. Tiu Laurel said that during his meeting with the Chinese ambassador recently, the diplomat assured…