Further complicating matters, Iran has threatened to close the Strait of Hormuz—a vital passage for both oil and fertilizer exports—raising fears of broader energy market disruptions.
Although a ceasefire helped ease prices slightly, Linville noted that supply issues persist. “We think the price is going to come down from the highs… but I also don’t believe it’s going to come down to the lows we had previously expected.”
Meanwhile, the Renewable Fuels Association called for regulatory changes to allow broader E15 fuel sales. President Geoff Cooper urged government action to support fuel access, saying, “We wholeheartedly support that vision and believe now is the time to act.”
With major supply sources offline and transportation routes under threat, the fertilizer market remains under stress, with volatility expected to continue.