# Wesfarmers says Middle East conflict pushed up fertilizer costs as WesCEF earnings rose 18.5%

> Wesfarmers' WesCEF division lifted fiscal 2026 earnings 18.5% to A$473 million, driven by higher fertilizer and spodumene prices. Its second-half fertilizer business weakened as the Middle East conflict raised import costs and disrupted supply. CSBP responded by raising local output, diversifying sourcing and building inventory.

- Date: 2026-08-28 · published 2026-08-28T12:00:00.000Z
- Category: geopolitics · region Australia · magnitude low
- Page: https://feedsoft.ai/events/5477-wesfarmers-says-middle-east-conflict-pushed-up-fertilizer-costs-as-wescef
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Supply disruption and elevated import costs kept fertilizer prices high in the second half, and continued exposure to supply shocks in fiscal 2027 supports nitrogen input costs for feed producers.

## Read by commodity

- UREA: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2026-03-10 | [Middle East conflict strains fertilizer supply chains \| World Fertilizer](https://feedsoft.ai/events/20099-middle-east-conflict-strains-fertilizer-supply-chains-world-fertilizer.md) | +2.8% | +21.1% |
| UREA | 2026-04-30 | [Fertilizer Use Already Falling as War Drives Up Costs, Yara Says](https://feedsoft.ai/events/10734-fertilizer-use-already-falling-as-war-drives-up-costs-yara-says.md) | -10.0% | -17.6% |
| UREA | 2025-06-16 | [Middle East conflict throws more uncertainty into global fertilizer markets \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/24537-middle-east-conflict-throws-more-uncertainty-into-global-fertilizer-markets.md) | +3.6% | +14.9% |
| UREA | 2025-07-01 | [Global urea prices rise with Middle East conflict \| News \| farmtalknews.com](https://feedsoft.ai/events/24079-global-urea-prices-rise-with-middle-east-conflict-news-farmtalknews-com.md) | +10.7% | +11.9% |
| UREA | 2025-06-24 | [How Middle East Strikes Sent Fertilizer Prices Soaring](https://feedsoft.ai/events/24538-how-middle-east-strikes-sent-fertilizer-prices-soaring.md) | +1.0% | +11.7% |

## Sources

- fertilizerdaily.com: https://www.fertilizerdaily.com/20260828-wesfarmers-says-middle-east-conflict-pushed-up-fertilizer-costs/

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