# Fertilizer, fuel prices drop with all eyes on Strait of Hormuz | Agri-Pulse Communications, Inc.

> Urea fell to its lowest price of 2026, trading at $340 a short ton for July at New Orleans, down from about $360 the prior week. Bloomberg's North America fertilizer price index also dropped, down 21% in the past month, as markets anticipated the reopening of the Strait of Hormuz.

- Date: 2026-06-18 · published 2026-06-18T12:00:00.000Z
- Category: geopolitics · region US · magnitude medium
- Page: https://feedsoft.ai/events/18705-fertilizer-fuel-prices-drop-with-all-eyes-on-strait-of-hormuz-agri-pulse
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Falling urea prices reduce nitrogen input costs for feed grain and livestock producers. The decline reflects expected resumption of Gulf trade flows, so further easing depends on shipments actually arriving.

## Read by commodity

- UREA: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2026-07-24 | [WTO data confirms Strait of Hormuz fertilizer trade disruption is easing as urea nears pre-war price — Fertilizer Daily](https://feedsoft.ai/events/18655-wto-data-confirms-strait-of-hormuz-fertilizer-trade-disruption-is-easing-as.md) | +1.6% | -1.2% |
| UREA | 2026-04-17 | [Fertilizer Prices Fall After Iran Says Strait Is Open - TT](https://feedsoft.ai/events/20034-fertilizer-prices-fall-after-iran-says-strait-is-open-tt.md) | -2.7% | -17.7% |
| UREA | 2026-08-25 | [UN proposes Oman-based mechanism to restore fertilizer transit through Strait of Hormuz — Fertilizer Daily](https://feedsoft.ai/events/18193-un-proposes-oman-based-mechanism-to-restore-fertilizer-transit-through-strait.md) | +11.1% | +16.2% |
| UREA | 2026-06-22 | [Urea fertilizer prices tumble as strait reopens \| The Western Producer](https://feedsoft.ai/events/19116-urea-fertilizer-prices-tumble-as-strait-reopens-the-western-producer.md) | -2.4% | -3.0% |
| UREA | 2026-06-26 | [Fertilizer shipments begin exiting through Hormuz strait \| The Western Producer](https://feedsoft.ai/events/18704-fertilizer-shipments-begin-exiting-through-hormuz-strait-the-western-producer.md) | -9.1% | +1.5% |

## Sources

- agri-pulse.com: https://www.agri-pulse.com/articles/24858-fertilizer-fuel-prices-drop-with-all-eyes-on-strait-of-hormuz

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