Marketplace · Wednesday, July 15, 2026
Farmers are experiencing increased costs for fertilizer due to global supply shocks, exacerbated by geopolitical events like the conflict in Iran. Lorena Overman, a farmer with 40 years of experience, notes that fertilizer prices are a new, significant variable impacting farm budgets. Veronica Nye of the Fertilizer Institute explains that disruptions in regions where key fertilizer resources are located have a global impact.
“But these days, there are new variables to keep track of, like the price of fertilizer.”
“But the war in Iran sent diesel and fertilizer prices swinging.”
“And when there are shocks to those regions where those resources are located, it is felt globally.”