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0.00181289261773265 0.00168641173742572 0.00494961844934444 0.00914878367553445 0.00628188372191074 0.00573379990724741 0.0127745689109996 0.0129432100847422
Stock impact report

Food prices could rise as Iran conflict disrupts fertilizer supply chain [CNBC]

CF Industries Holdings, Inc. (CF) 
Last cf industries holdings, inc. earnings: 2/12 04:30 pm Check Earnings Report
US:NYSE Investor Relations: snl.com/irw/corporateprofile/4533245
Company Research Source: CNBC
Over one-third of global fertilizer trade moves through the route, and disruptions are hitting during the spring planting season. Fertilizer prices are already rising, with U.S. urea import prices up 30% in a week. The price increases could be a challenge for farmers, retailers and consumers entering spring growing season, but it could benefit to producers in the agriculture business. The war in Iran could raise global food prices as the conflict disrupts fertilizer shipments through one of the world's most critical trade routes. While energy markets have focused on oil supply risks, analysts say threats to fertilizer supply chains through the Straight of Hormuz may also bring long-term economic issues through food inflation. “Beyond energy, another risk receiving less attention is the potential knock-on effect on food prices, as fertilizer shortages push agricultural costs higher,” said Wolfe Research chief economist Stephanie Roth in a note written on Tuesday. Roth estima Show less Read more
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