# War Stresses Global Fertilizer Markets | Rabobank

> Rabobank reports that global fertilizer markets ended Q1 2026 under severe strain due to the effective closure of the Strait of Hormuz. It cites that 30% of global urea, 27% of ammonia, 24% of phosphates and 48% of sulfur exports transit the corridor, and lists export restrictions by Turkey, Russia and China.

- Date: 2026-04-13 · published 2026-04-13T12:00:00.000Z
- Category: geopolitics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/19637-war-stresses-global-fertilizer-markets-rabobank
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [DAP](https://feedsoft.ai/c/DAP.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Sustained fertilizer supply shortages and high prices raise farmers' input costs and could reduce application and yields, supporting grain and oilseed prices over time.

## Read by commodity

- DAP: bullish ▲
- CORN: bullish ▲
- UREA: bullish ▲
- POTASH: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2026-06-02 | [Global Fertilizer Markets Today - IFDC](https://feedsoft.ai/events/7282-global-fertilizer-markets-today-ifdc.md) | -8.2% | -16.1% |
| UREA | 2026-04-01 | [The Iran war’s impacts on global fertilizer markets and food production](https://feedsoft.ai/events/19643-the-iran-war-s-impacts-on-global-fertilizer-markets-and-food-production.md) | +10.6% | +7.6% |
| UREA | 2026-05-19 | [Global wheat markets on edge as war, weather, fertilizer shocks drive new rally \| S&P Global](https://feedsoft.ai/events/19291-global-wheat-markets-on-edge-as-war-weather-fertilizer-shocks-drive-new-rally-s.md) | -1.9% | -30.1% |
| UREA | 2025-09-23 | [What Would Global Sanctions Against Russia Do to Fertilizer Markets?](https://feedsoft.ai/events/22778-what-would-global-sanctions-against-russia-do-to-fertilizer-markets.md) | -1.1% | -5.4% |
| UREA | 2022-08-05 | [Global Fertilizer Constraints - Total Farm Marketing by Stewart-Peterson](https://feedsoft.ai/events/39979-global-fertilizer-constraints-total-farm-marketing-by-stewart-peterson.md) | -4.5% | +13.6% |
| DAP | 2026-06-02 | [Global Fertilizer Markets Today - IFDC](https://feedsoft.ai/events/7282-global-fertilizer-markets-today-ifdc.md) | -0.3% | -5.1% |
| DAP | 2025-09-23 | [What Would Global Sanctions Against Russia Do to Fertilizer Markets?](https://feedsoft.ai/events/22778-what-would-global-sanctions-against-russia-do-to-fertilizer-markets.md) | -3.2% | -1.7% |
| DAP | 2023-02-20 | [World’s fertilizer market in turmoil](https://feedsoft.ai/events/37253-world-s-fertilizer-market-in-turmoil.md) | -5.5% | -1.0% |

## Sources

- rabobankna.com: https://www.rabobankna.com/knowledge-hub/war-stresses-global-fertilizer-markets/

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