# Nola urea prices surge on US-Iran conflict | Latest Market News

> Urea barges at New Orleans traded roughly $50-80/st higher after the US-Israel strikes on Iran began on 28 February. Second-half March barges moved to $520-550/st fob. Middle Eastern supply is at risk because of the Strait of Hormuz disruption.

- Date: 2024-03-25 · published 2024-03-25T12:00:00.000Z
- Category: geopolitics · region US · magnitude high
- Page: https://feedsoft.ai/events/31521-nola-urea-prices-surge-on-us-iran-conflict-latest-market-news
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

The Middle East supplies a large share of global urea, so disrupted shipments before US spring application season tighten supply and push up nitrogen costs for corn growers. Higher fertilizer costs squeeze feed-grain margins.

## Read by commodity

- UREA: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2026-03-02 | [Urea derivatives surge on Middle East conflict \| Latest Market News](https://feedsoft.ai/events/4428-urea-derivatives-surge-on-middle-east-conflict-latest-market-news.md) | +25.5% | +36.4% |
| UREA | 2024-03-25 | [Egypt urea sold higher after US, Israel attack on Iran \| Latest Market News](https://feedsoft.ai/events/31524-egypt-urea-sold-higher-after-us-israel-attack-on-iran-latest-market-news.md) | -12.7% | -19.2% |
| UREA | 2026-10-02 | [Markets Ablaze: Gas & LNG Prices Surge as Middle East Conflict Escalates](https://feedsoft.ai/events/17233-markets-ablaze-gas-and-lng-prices-surge-as-middle-east-conflict-escalates.md) | -1.4% | +1.1% |
| UREA | 2024-03-25 | [US-Iran war exposes Australia’s urea import reliance \| Latest Market News](https://feedsoft.ai/events/31527-us-iran-war-exposes-australia-s-urea-import-reliance-latest-market-news.md) | -12.7% | -19.2% |
| UREA | 2026-03-02 | [Iran conflict drives up urea prices \| The Western Producer](https://feedsoft.ai/events/4432-iran-conflict-drives-up-urea-prices-the-western-producer.md) | +25.5% | +36.4% |

## Sources

- argusmedia.com: https://www.argusmedia.com/en/news-and-insights/latest-market-news/2794957-nola-urea-prices-surge-on-us-iran-conflict

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