Data or statistical facts on the situation and perspectives of agri-food systems and the impact of policies
The price of urea in the United States increased by 34% before the planting season (Agrolatam, 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).
More than 80% of the fertilizers used in Latin America are imported, which increases regional vulnerability to external shocks (Mundoagro, 2026).
Uruguay will exceed 350,000 hectares of brassicas in 2026 — compared to 348,000 in 2022 — driven by lower nitrogen fertilizer dependency versus wheat and canola prices consolidated above USD 500/mt. (El Observador, 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).
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).
Brazil could face a phosphate deficit of between 1 and 3 million tons if supply restrictions persist (Canuto, 2026).
78% of phosphate consumption in Brazil depends on imports, which exposes the country to external restrictions (Canuto, 2026).
