Attack on Iran Could Disrupt Global Fertilizer Markets

A prolonged military conflict in the Middle East could potentially upend key commodity markets due to Iran’s control of the Strait of Hormuz, one of the world’s most important trade routes. America’s crop growers could see fresh price spikes for inputs like fertilizer while battling a multi-year downturn in profitability, experts warned ahead of the attack.

Ag Industry Calls for Trade Certainty After SCOTUS Strikes Down Trump Tariffs

U.S. agriculture groups responded to the Supreme Court striking down President Donald Trump’s emergency tariffs by calling for increased certainty in trade policy and carveouts for ag inputs in any new tariffs. But, President Donald Trump already said on Saturday he will raise a temporary tariff from 10% to 15% on U.S. imports from all countries, the maximum level allowed under the law.

Tariff Revenue from Ag Input Imports was Nearly $1 Billion in 2025

Tariffs imposed by the Trump administration collected an estimated $958 million in revenue from selected agricultural inputs from February to October of 2025, according to North Dakota State University’s monthly Agricultural Trade Monitor. Of that, about $530 million came from farm machinery, $273 million came from agricultural chemicals, $110 million came from fertilizers and $44 million came from seeds.

China’s US Soy Purchases Approach 10 Million Tons

China’s state stockpiler Sinograin bought 10 U.S. soybean cargoes this week, three traders told Reuters on Tuesday. China’s total purchases from the latest U.S. crop were now estimated at 8.5 million to nearly 10 million tons, according to traders and analysts, representing up to 80% of the 12 million metric tons that U.S. Treasury Secretary Scott Bessent said China pledged to buy by the end of February.

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