# What Would Global Sanctions Against Russia Do to Fertilizer Markets?

> StoneX's fertilizer VP discusses how sanctions on Russia could tighten global fertilizer supplies, noting Russia is the largest urea exporter. He also highlights constrained Russian ammonia exports and phosphate supply concentrated among five producers.

- Date: 2025-09-23 · published 2025-09-23T12:00:00.000Z
- Category: geopolitics · region Russia · magnitude medium
- Page: https://feedsoft.ai/events/22778-what-would-global-sanctions-against-russia-do-to-fertilizer-markets
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [DAP](https://feedsoft.ai/c/DAP.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Sanctions on Russia would remove a large share of global urea and ammonia exports, which would likely push fertilizer prices higher and raise feed-grain production costs.

## Read by commodity

- DAP: bullish ▲
- CORN: bullish ▲
- UREA: 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 | 2026-04-13 | [War Stresses Global Fertilizer Markets \| Rabobank](https://feedsoft.ai/events/19637-war-stresses-global-fertilizer-markets-rabobank.md) | +1.2% | -13.1% |
| 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 | 2025-01-21 | [A global look at the fertilizer market - Brownfield Ag News](https://feedsoft.ai/events/26814-a-global-look-at-the-fertilizer-market-brownfield-ag-news.md) | +1.2% | +14.1% |
| UREA | 2022-03-23 | [Insight: As sanctions bite Russia, fertilizer shortage imperils world food supply](https://feedsoft.ai/events/42210-insight-as-sanctions-bite-russia-fertilizer-shortage-imperils-world-food-supply.md) | +0.4% | -0.7% |
| 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 | 2026-04-13 | [War Stresses Global Fertilizer Markets \| Rabobank](https://feedsoft.ai/events/19637-war-stresses-global-fertilizer-markets-rabobank.md) | +0.3% | +5.2% |
| 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

- stonex.com: https://www.stonex.com/en-gb/insights/09-23-2025-what-would-global-sanctions-against-russia-do-to-fertilizer-markets/

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