Data or statistical facts on the situation and perspectives of agri-food systems and the impact of policies
The rate reached 14.75% after a 25 basis point cut in response to inflationary pressures in Brazil (Canuto, 2026).
Brazil could face a phosphate deficit of between 1 and 3 million tons if supply restrictions persist (Canuto, 2026).
36% of Brazil's urea imports came from Iran, Qatar, Saudi Arabia, Oman and the United Arab Emirates in 2025, currently affected by the closure of the Strait of Hormuz (Canuto, 2026).
Urea prices in Brazil increased by 35% during the first weeks of March due to the conflict (Canuto, 2026).
78% of phosphate consumption in Brazil depends on imports, which exposes the country to external restrictions (Canuto, 2026).
Fertilizer prices have increased by up to 30% in some markets due to the global crisis (Mundoagro, 2026).
Fertilizer applications in some crops could decrease by up to 25% due to rising prices (Mundoagro, 2026).
Argentina currently has 30–60 days of fertilizer coverage, allowing the wheat campaign to begin without immediate problems (La Nación, 2026).
Urea prices have risen by up to 50% internationally due to the conflict in the Middle East (La Nación, 2026).
85% of the fertilizers used in Brazil are imported, which explains the high exposure to international shocks (Agrolatam, 2026).
