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Trump's Naval Blockade Raises Fertilizer Prices, Threatens Food Supply

4/16/2026

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Story summary
  • U.S. President Donald Trump announced a naval blockade to protect American farmers from price gouging amid Strait of Hormuz tensions.
  • The blockade disrupted global fertilizer supplies and raised nitrogen prices for urea from $560 to $770 per ton.
  • As planting season nears, about 25% of farmers have yet to secure supplies, risking lower yields and higher food costs.
  • Lawmakers warn that, without resolution, the situation could worsen global food insecurity.