Data or statistical facts on the situation and perspectives of agri-food systems and the impact of policies
74.67% was the increase in the price of urea, rising from 415.4 to 725.6 dollars per ton between the start of 2026 and March 31.
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).
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).
85% of the fertilizers used in Brazil are imported, which explains the high exposure to international shocks (Agrolatam, 2026).
0% is the temporary tariff applied to the import of fertilizers to lower agricultural production costs in Brazil (Agrolatam, 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).
60% of the urea used in Argentina is supplied by domestic production (Profertil), partially reducing external dependence (La Nación, 2026).
Urea prices have risen by up to 50% internationally due to the conflict in the Middle East (La Nación, 2026).
Argentina currently has 30–60 days of fertilizer coverage, allowing the wheat campaign to begin without immediate problems (La Nación, 2026).
Fertilizer prices have increased by up to 30% in some markets due to the global crisis (Mundoagro, 2026).
