Yara chief warns Iran conflict could put 10bn meals a week at risk as food price impact looms

After 205 past bullish geopolitics events, Urea moved a median +0.4% over 5 sessions (53% higher; middle half -2.1% to +3.0%), and -0.4% over 20.

• Mar 5, 2026How the Iran war could create a ‘fertiliser shock’ – an often ignored global risk to food prices and farming+3.0%
• Mar 17, 2022Rice Prices Rise in Asia Amid Stockpiling, Conflict - Laotian Times-1.0%
• Apr 30, 2026World Bank Warns Fertilizer Prices Could Rise More Than 30% in 2026 - Ecofin Agency-10.0%
• Mar 2, 2026Iran conflict drives up urea prices | The Western Producer+25.5%
• Jun 23, 2025Urea Prices Spike as Middle East Conflict Cuts Iranian Production | CZ app+1.4%

After 323 past bullish geopolitics events, Corn moved a median +0.5% over 5 sessions (57% higher; middle half -1.5% to +2.9%), and +0.9% over 20.

• Mar 5, 2026How the Iran war could create a ‘fertiliser shock’ – an often ignored global risk to food prices and farming+2.4%
• Mar 17, 2022Rice Prices Rise in Asia Amid Stockpiling, Conflict - Laotian Times+2.8%
• Mar 23, 2026Corn Prices: Crop Hits Two-Week High as Iran War Threatens Fertilizer Supply - Bloomberg-0.3%
• Apr 30, 2026World Bank Warns Fertilizer Prices Could Rise More Than 30% in 2026 - Ecofin Agency-1.6%
• Mar 2, 2026Iran conflict drives up urea prices | The Western Producer+2.0%