Fertilizer Prices Have Skyrocketed: Risk to Agricultural Production in 2027 - Dünya Newspaper
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While the war in the Middle East and supply problems in the Strait of Hormuz are creating concerns about the global fertilizer supply, the price of diammonium phosphate, which plays a critical role in corn and soybean yields, increased by 28.4 percent in the first nine months of the year, reaching $802.5 per ton.
Diammonium phosphate reached $802.5 per ton in 2026, and corn and soybeans became more expensive amid the fertilizer crisis.
The war in the Middle East and supply problems in the Strait of Hormuz have caused supply concerns in the global fertilizer market this year, while the price of diammonium phosphate fertilizer, which plays a critical role in the yield of staple agricultural products such as corn and soybeans, increased by 28.4 percent in the first nine months of the year, reaching $802.5 per ton.
The war in the Middle East and disruptions to shipments through the Strait of Hormuz have increased supply pressure on the global fertilizer market. The price of diammonium phosphate, critical for corn and soybean production, rose by 28.4 percent in the first nine months of the year to $802.5 per ton, and it is estimated that high fertilizer costs will challenge agricultural production in 2027.
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