There is a wide variation in the number of crop producers across the United States that had all of their 2026 fertilizer needs already booked and paid for prior to the initiation of the current U.S. conflict in Iran.
For producers who did not have all of their likely fertilizer needs in place for the 2026 crop year prior to March, there could be some challenges in securing adequate fertilizer supplies. Farmers who need to purchase all or part of their fertilizer needs this spring could also face higher fertilizer costs. This could create some serious financial challenges for producers that are already facing very tight or negative breakeven margins for 2026 crop production. The rising fertilizer costs and negative profit margins in crop production may also help to strengthen the case for Congress to consider additional economic assistance for U.S. crop producers. Click here for more from Minnesota-based Farm Management Analyst Kent Thiesse.
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