If the blockade of the Strait of Hormuz persists, will a fiercer agricultural commodities bull market than in 2022 emerge?

When the global energy hub falls into paralysis, a systemic inflation driven by the trinity of 'gas prices-fertilizer prices-grain prices' is lurking within the lagging pricing logic of the agricultural products market. According to information from the WindChaser Trading Platform, on March 17, Bank of America issued a global agricultural strategy report pointing out that as tensions with Iran escalated, the Strait of Hormuz had 'effectively ceased commercial traffic' in early March, with multiple vessel attacks occurring in the region. The importance of the Strait of Hormuz cannot be overstated. Approximately one-fifth of the world's oil transportation relies on this waterway. This conflict has caused a supply disruption exceeding 20 million barrels per day, marking the largest scale disruption in recent decades.

wallstreetcnMar 18 12:26

Not Just Oil Prices! UN Warns: Shipping Disruptions May Push Up Fertilizer and Food Prices

①Multiple vessel attacks indicate that the Strait of Hormuz is effectively in a state of closure, a situation that has shocked the global oil market; ②A United Nations report warns that rising energy, fertilizer, and transportation costs, along with increased shipping and insurance fees, could drive up food costs, intensify cost-of-living pressures, and severely impact the poorest countries.

cls.cnMar 11 03:45

Global Energy Roundup: Market Talk

WSJMar 9 21:26

Following energy metals, agricultural products are quietly taking the lead in a new round of commodity market trends.

Agricultural products are now driving the upward trend in commodities following the rally in energy and metals. Mark Newton, Head of Technical Strategy at Fundstrat, pointed out that as volatility in the U.S. stock market intensifies, capital is shifting toward agricultural commodities, which have already shown technical breakout signals. Corn, wheat, and soybeans are expected to continue their upward trajectory through 2026. Supply-side risks are simultaneously exacerbating the situation: 33% of global fertilizer trade originates from the Gulf region, and geopolitical conflicts could impact sowing season costs across Asia and Europe.

wallstreetcnMar 7 03:02

Farmers Cutting Back on Fertilizer Purchases -- WSJ

WSJJan 17 01:58

CME Group Reports Record Annual ADV of 28.1 Million Contracts in 2025, Up 6% Year Over Year

PR NewswireJan 5 20:30