Fertilizer Markets: The Clash between Energy, Ag, Weather, Profits, and Policy

Oranuch Wongpiyabovorn, Chad Hart and John Crespi

Center for Agricultural and Rural Development (CARD) Publications from Center for Agricultural and Rural Development (CARD) at Iowa State University

Abstract: Wongpayibovorn et al. examine the US fertilizer market, which, in 2021, was disrupted by extremely cold weather in Texas, Hurricane Ida, and the COVID-19 pandemic. The natural disasters in the southern part of the country paused the majority of fertilizer production, as 56% of ammonia production capacity is located in Texas, Louisiana, and Oklahoma. The extreme weather not only directly impacted fertilizer production, but it also disrupted natural gas production, the major feedstock for nitrogen fertilizers.

Date: 2022-03
New Economics Papers: this item is included in nep-agr and nep-env
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Persistent link: https://EconPapers.repec.org/RePEc:ias:cpaper:apr-winter-2022-1

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