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Middle East disruption has created major supply problems for nitrogen fertilisers, and a new threat is emerging in another key nitrogen product used on corn. Prices for that product are rising as well.
The article signals a broadening supply shock across the fertiliser complex.
A widening fertiliser shock on corn-used nitrogen products lifts costs for US and global corn growers, supporting corn prices and feed input costs.
bloomberg.comIlena PengMar 21, 2026After 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.
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.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
