# Iran conflict drives up urea prices | The Western Producer

> Urea barges in New Orleans traded about $50-$80 per short ton higher on March 2 than on February 28, according to Argus. Commercial shipping through the Strait of Hormuz has nearly halted, and Middle Eastern producers have suspended offers ahead of US spring imports.

- Date: 2026-03-02 · published 2026-03-02T12:00:00.000Z
- Category: geopolitics · region US · magnitude high
- Page: https://feedsoft.ai/events/4432-iran-conflict-drives-up-urea-prices-the-western-producer
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

March and April are peak US urea import months, so a disrupted Middle East supply tightens North American availability and supports higher prices for nitrogen used in corn production.

## Read by commodity

- CORN: bullish ▲
- UREA: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| UREA | 2026-03-02 | 1 | +15.0% | 12.1 | Reports NOLA urea barges $50-80/st higher on March 2 vs Feb 28 with Hormuz shipping nearly halted and Middle East offers suspended, directly matching the one-day move date and supply mechanism. |
| UREA | 2026-03-03 | 5 | +28.3% | 5.3 | New Orleans urea barges rose $50-80/st as Hormuz shipping nearly halted and Middle East producers suspended offers ahead of US spring imports. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2025-06-23 | [Urea Prices Spike as Middle East Conflict Cuts Iranian Production \| CZ app](https://feedsoft.ai/events/24541-urea-prices-spike-as-middle-east-conflict-cuts-iranian-production-cz-app.md) | +1.4% | +12.4% |
| UREA | 2024-03-25 | [Nola urea prices surge on US-Iran conflict \| Latest Market News](https://feedsoft.ai/events/31521-nola-urea-prices-surge-on-us-iran-conflict-latest-market-news.md) | -12.7% | -19.2% |
| UREA | 2022-03-17 | [Russian gas export ban could see big fertilizer price hike \| The Western Producer](https://feedsoft.ai/events/42214-russian-gas-export-ban-could-see-big-fertilizer-price-hike-the-western-producer.md) | -1.0% | -1.9% |
| UREA | 2026-01-26 | [No fertilizer price relief expected for this year \| The Western Producer](https://feedsoft.ai/events/20978-no-fertilizer-price-relief-expected-for-this-year-the-western-producer.md) | +1.6% | +12.9% |
| UREA | 2026-04-15 | [India urea prices double to $1,000 in tender on Iran war shock \| Reuters](https://feedsoft.ai/events/20030-india-urea-prices-double-to-1-000-in-tender-on-iran-war-shock-reuters.md) | -3.8% | -17.2% |
| CORN | 2026-03-06 | [U.S. Grain/Oilseed Review: Fears of oil shortage drives up prices \| The Western Producer](https://feedsoft.ai/events/13805-u-s-grain-oilseed-review-fears-of-oil-shortage-drives-up-prices-the-western.md) | +1.2% | +2.2% |
| CORN | 2026-10-28 | [Wheat Prices Surge: Black Sea Conflict and Production Data (2026)](https://feedsoft.ai/events/447-wheat-prices-surge-black-sea-conflict-and-production-data-2026.md) | -0.5% | — |
| CORN | 2022-03-04 | [How strength in soybean prices is linked to the Black Sea conflict](https://feedsoft.ai/events/12630-how-strength-in-soybean-prices-is-linked-to-the-black-sea-conflict.md) | +0.8% | +7.2% |

## Sources

- producer.com: https://www.producer.com/crops/iran-conflict-drives-up-urea-prices/

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