Data or statistical facts on the situation and perspectives of agri-food systems and the impact of policies
Soybean oil prices rose up to 3.4% in Chicago, reaching 69.68 cents per pound — the highest level since late 2022 — driven by the Iran conflict and new US biofuel blending mandates that materially increase biomass-based diesel demand for 2026 (Hirtzer, Bloomberg Línea, 2026).
Between 20% and 40% of the production cost in fruit farming corresponds to the use of fertilizers (Mundoagro, 2026).
Fertilizer applications in some crops could decrease by up to 25% due to rising prices (Mundoagro, 2026).
60% of the urea used in Argentina is supplied by domestic production (Profertil), partially reducing external dependence (La Nación, 2026).
85% of the fertilizers used in Brazil are imported, which explains the high exposure to international shocks (Agrolatam, 2026).
Urea prices have risen by up to 50% internationally due to the conflict in the Middle East (La Nación, 2026).
Gulf countries account for 13% of global nitrogen exports and 9% of phosphate nutrients; the Hormuz closure disrupts this critical chain for producing fertilizers such as urea and ammonia (UNCTAD, 2026).
The approximate volume of the urea market in Argentina is 2,200,000 tons, with a significant part dependent on imports (La Nación, 2026).
Argentina currently has 30–60 days of fertilizer coverage, allowing the wheat campaign to begin without immediate problems (La Nación, 2026).
0% is the temporary tariff applied to the import of fertilizers to lower agricultural production costs in Brazil (Agrolatam, 2026).
