# Fertiliser a possible pawn in global chessboard - Rabobank | RNZ

> A Rabobank annual outlook warns that geopolitical risks, including escalating tensions with Iran, a major urea and ammonia producer, could push fertilizer prices higher in 2026. The report says New Zealand farmgate prices should stay high, supported by solid export demand.

- Date: 2026-02-02 · published 2026-02-02T12:00:00.000Z
- Category: geopolitics · region Iran · magnitude low
- Page: https://feedsoft.ai/events/5725-fertiliser-a-possible-pawn-in-global-chessboard-rabobank-rnz
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Tensions involving Iran threaten supply of nitrogen fertilizers, which could raise input costs for feed and crop producers. Stronger farmgate prices support demand for feed.

## Read by commodity

- UREA: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2026-04-13 | [War Stresses Global Fertilizer Markets \| Rabobank](https://feedsoft.ai/events/19637-war-stresses-global-fertilizer-markets-rabobank.md) | +1.2% | -13.1% |
| UREA | 2026-06-08 | [TIQ - Insights Hub - Global Fertiliser Disruptions](https://feedsoft.ai/events/18708-tiq-insights-hub-global-fertiliser-disruptions.md) | -5.1% | -17.5% |
| UREA | 2026-04-23 | [Four charts that paint a worrying picture for global fertiliser prices - ABC News](https://feedsoft.ai/events/19640-four-charts-that-paint-a-worrying-picture-for-global-fertiliser-prices-abc-news.md) | -1.4% | -16.0% |
| UREA | 2024-11-06 | [Geopolitics creates volatility in global fertiliser markets - Farmers Weekly](https://feedsoft.ai/events/27323-geopolitics-creates-volatility-in-global-fertiliser-markets-farmers-weekly.md) | -0.8% | -0.5% |
| UREA | 2026-06-02 | [Global Fertilizer Markets Today - IFDC](https://feedsoft.ai/events/7282-global-fertilizer-markets-today-ifdc.md) | -8.2% | -16.1% |

## Sources

- rnz.co.nz: https://www.rnz.co.nz/news/country/585718/fertiliser-a-possible-pawn-in-global-chessboard-rabobank

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