# War-Driven Fertilizer Shortage: How Canada's Food Prices are Affected (2026)

> A TD report says Canada imports less than five percent of its fertilizer from the Gulf region, far less than Mexico and the US, which rely on the region for about 30-40% of their urea. Canada's potash exports and domestic supply offer some insulation, but nitrogen prices are rising and soybean inventories are well below last year.

- Date: 2026-11-14 · published 2026-11-15T00:13:28.313Z
- Category: geopolitics · region Canada · magnitude low
- Page: https://feedsoft.ai/events/100236-war-driven-fertilizer-shortage-how-canada-s-food-prices-are-affected-2026
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Higher nitrogen input costs from Middle East disruption can raise corn and feed production costs, while tight soybean inventories in Canada support soy-complex prices.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-04-06 | [A fertilizer shortage, worsened by war in Ukraine, is driving up global food prices and scarcity](https://feedsoft.ai/events/42132-a-fertilizer-shortage-worsened-by-war-in-ukraine-is-driving-up-global-food.md) | -1.9% | -6.1% |
| CORN | 2026-03-25 | [Fertilizer prices surge amid Iran war, sparking food security warnings](https://feedsoft.ai/events/20097-fertilizer-prices-surge-amid-iran-war-sparking-food-security-warnings.md) | -1.0% | -1.2% |
| CORN | 2021-09-21 | [Food prices poised to surge with fertilizer at highest in years](https://feedsoft.ai/events/45024-food-prices-poised-to-surge-with-fertilizer-at-highest-in-years.md) | +1.8% | +1.7% |
| CORN | 2026-03-05 | [How the Iran war could create a ‘fertiliser shock’ – an often ignored global risk to food prices and farming](https://feedsoft.ai/events/6255-how-the-iran-war-could-create-a-fertiliser-shock-an-often-ignored-global-risk.md) | +2.4% | +4.6% |
| CORN | 2026-04-30 | [World Bank Warns Fertilizer Prices Could Rise More Than 30% in 2026 - Ecofin Agency](https://feedsoft.ai/events/7256-world-bank-warns-fertilizer-prices-could-rise-more-than-30-in-2026-ecofin-agency.md) | -1.6% | -0.5% |
| SOY | 2026-03-06 | [U.S. Grain/Oilseed Review: Fears of oil shortage drives up prices \| The Western Producer](https://feedsoft.ai/events/13805-u-s-grain-oilseed-review-fears-of-oil-shortage-drives-up-prices-the-western.md) | +4.2% | -0.0% |
| SOY | 2022-04-22 | [Winds Of War, Drought Push New-Crop Corn, Soybean Prices Higher](https://feedsoft.ai/events/13368-winds-of-war-drought-push-new-crop-corn-soybean-prices-higher.md) | -2.4% | -3.3% |
| SOY | 2022-04-05 | [The Russia-Ukraine War’s Impact on Global Fertilizer Markets - Rabobank](https://feedsoft.ai/events/41765-the-russia-ukraine-war-s-impact-on-global-fertilizer-markets-rabobank.md) | +3.3% | +3.5% |

## Sources

- bophin.com: https://bophin.com/article/war-driven-fertilizer-shortage-how-canada-s-food-prices-are-affected

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
