Ninety percent of nitrogen fertilizer needs for 2026 are secured, yet rising prices linked to the closure of the Strait of Hormuz raise concerns for the next campaign.
The main agricultural season has not yet begun in France, yet attention is already turning to sowing for 2027. Fertilizer purchases for the current year are largely covered thanks to orders placed last autumn and during the winter.
Purchases for the next campaign start next month. The closure of the Strait of Hormuz, following the Israeli-American offensive in Iran at the end of February, has driven prices higher. According to Argus Media, the price of urea has risen from 500 to 735 euros per tonne, a 47 % increase.
Nitrogen solution prices have climbed 22 %, from 330 to 440 euros per tonne. Farmers fear an “industrial accident” if costs keep rising.
