Controls & Automation
Fertilizer spike adds up to $35/acre for US corn as Iran crisis deepens
Source: AgFunderNews Rising fertilizer prices triggered by the effective closure of the Strait of Hormuz “raise the risk of widespread demand destruction” as farmers reduce application rates, delay purchases, or shift crop choices, warns Rabobank in a new report . “With 30% of global urea, 27% of ammonia, 24% of phosphates,