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Rabobank says tight urea supplies and geopolitical factors are driving volatile global urea prices, which are expected to stay elevated in 2025. Key supply issues cited include Europe, Iran, Egypt and China.
Current prices are about 45% above the pre-Russia-Ukraine war five-year average.
Supply disruptions in major producing countries keep urea costly and volatile, raising fertilizer costs for farmers and feed producers. Natural gas price swings add further upside risk.
rabobank.comPaul JoulesApr 14, 2025Not enough comparable past events yet for a historical read.
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.
