Data or statistical facts on the situation and perspectives of agri-food systems and the impact of policies
1997 was the last time Argentina observed an extreme version of El Niño, associated with intense rainfall, floods, and damage in urban and agricultural areas.
More than 20% is NOAA’s estimated probability of an extreme version of El Niño occurring, although experts warn that uncertainty remains.
60% is the approximate probability assigned by Enfen to a weak El Niño event in Peru during 2026.
Prices for nitrogen fertilizers in the US market have risen by more than 30% in recent weeks (Agrolatam, 2026).
Natural gas prices, the main input for fertilizers, increased by up to 50%, driving up the cost of the sector (Agrolatam, 2026).
The price of urea in the United States increased by 34% before the planting season (Agrolatam, 2026).
More than 80% of the fertilizers used in Latin America are imported, which increases regional vulnerability to external shocks (Mundoagro, 2026).
15% of Brazil's fertilizer imports come from the war-affected region (Canuto, 2026).
Urea prices in Brazil increased by 35% during the first weeks of March due to the conflict (Canuto, 2026).
The rate reached 14.75% after a 25 basis point cut in response to inflationary pressures in Brazil (Canuto, 2026).
