The United States Department of Agriculture Foreign Agricultural Service stated that due to disruptions in diesel and fertilizer supplies caused by the Iran conflict, Australia’s canola production for the 2026-27 season is expected to decrease to 6.2 million tons, a 19% reduction compared to the previous season.

The United States Department of Agriculture Foreign Agricultural Service stated that due to disruptions in diesel and fertilizer supplies caused by the Iran conflict, Australia’s canola production for the 2026-27 season is expected to decrease to 6.2 million tons, a 19% reduction compared to the previous season.

老虎证券2026/04/08 02:17

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Due to the sharp rise in nitrogen fertilizer prices caused by the Iran conflict, which in turn affects crop yields, the agency expects Australia's major oilseed exports to decline by 16% to 4.7 million tons.

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