Argentina's Wheat Production at Risk Due to Rising Urea Fertilizer Prices Linked to Iran War
Argentina's wheat production is under threat due to a nearly 100% increase in urea fertilizer prices, driven by the Iran war disrupting global supply. Farmers are considering reducing fertilizer use or switching to alternative crops like barley or oats. Urea prices have risen to $1,000 per ton from $500 in late February.
Topics: agricultural_production Argentina fertilizer Iran war wheat