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Urea Prices Surge 35%, Threatening Farmers Amid Conflict

3/12/2026

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Summary

Story summary

The Iran-related conflict has driven urea prices on the U.S. Gulf Coast up 35%, raising costs for farmers.
Chris Abbott, the CEO of Pivot Bio, says the price jump threatens farmers facing low crop prices as spring planting approaches.
Pivot Bio offers an alternative with affordable plant-nourishing microbes not affected by fossil fuel price fluctuations.
The situation echoes past crises, such as Russia's invasion of Ukraine.

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Story summary

The Iran-related conflict has driven urea prices on the U.S. Gulf Coast up 35%, raising costs for farmers.
Chris Abbott, the CEO of Pivot Bio, says the price jump threatens farmers facing low crop prices as spring planting approaches.
Pivot Bio offers an alternative with affordable plant-nourishing microbes not affected by fossil fuel price fluctuations.
The situation echoes past crises, such as Russia's invasion of Ukraine.