# Hurricane unlikely to fuel long-term fertilizer price increase, analyst says - Grainews

> Urea prices rose in recent days, which some have blamed on the conflict between Iran and Israel. StoneX fertilizer analyst Josh Linville said a hurricane is unlikely to drive a long-term increase in fertilizer prices.

- Date: 2024-10-09 · published 2024-10-09T12:00:00.000Z
- Category: geopolitics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/28191-hurricane-unlikely-to-fuel-long-term-fertilizer-price-increase-analyst-says
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Urea inventories were already tight due to production disruptions worldwide, so Middle East tensions add upward pressure on fertilizer costs that feed into feed-grain production costs.

## Read by commodity

- UREA: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2024-10-14 | [Hurricanes Trigger Higher Fertilizer Prices - AG INFORMATION NETWORK OF THE WEST](https://feedsoft.ai/events/28192-hurricanes-trigger-higher-fertilizer-prices-ag-information-network-of-the-west.md) | -0.4% | -6.2% |
| UREA | 2022-10-04 | [How the Russia-Ukraine War Fueled Record Fertilizer Prices](https://feedsoft.ai/events/39051-how-the-russia-ukraine-war-fueled-record-fertilizer-prices.md) | +1.6% | -13.7% |
| UREA | 2024-03-25 | [US fertilizer market faces increasing scrutiny \| Latest Market News](https://feedsoft.ai/events/31535-us-fertilizer-market-faces-increasing-scrutiny-latest-market-news.md) | -12.7% | -19.2% |
| UREA | 2022-03-24 | [Fitch Ratings Increases Short and Medium-Term Fertiliser Price Assumptions - Proshare](https://feedsoft.ai/events/5508-fitch-ratings-increases-short-and-medium-term-fertiliser-price-assumptions.md) | +0.4% | -0.7% |
| UREA | 2026-09-01 | [Why higher fertilizer prices are here to stay](https://feedsoft.ai/events/17863-why-higher-fertilizer-prices-are-here-to-stay.md) | +1.7% | +3.9% |

## Sources

- grainews.ca: https://www.grainews.ca/daily/hurricane-unlikely-to-fuel-long-term-fertilizer-price-increase-analyst-says/

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