AgroLatam reports that higher energy and fertilizer costs, uncertainty over China trade, and Middle East and European conflicts are squeezing American farm profitability as 2026 closes. The piece cites a World Bank October 28 outlook projecting a 32% rise in global energy prices in 2026, with Brent averaging $91 per barrel versus $69 in 2025.
Higher diesel and fertilizer costs raise input expenses for US growers, which can shift planting decisions and sustain pressure on farm margins. Energy-driven cost increases also feed into feed and fertilizer price expectations.
After 487 past bullish macro events, Crude Oil (WTI) moved a median +1.0% over 5 sessions (60% higher; middle half -2.0% to +4.0%), and +1.5% over 20.
After 323 past bullish macro events, Crude Oil (Brent) moved a median +0.7% over 5 sessions (58% higher; middle half -2.9% to +3.7%), and +1.3% over 20.
After 105 past bullish macro events, ULSD / Diesel moved a median -0.4% over 5 sessions (45% higher; middle half -3.4% to +1.8%), and +1.2% over 20.
After 92 past bullish macro events, Urea moved a median +0.0% over 5 sessions (50% higher; middle half -2.0% to +3.6%), and +4.8% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.