As compared to the outbreak of war between Russia and Ukraine years ago, the earliest days of the war between the U.S., Israel, and Iran did not seem likely to affect U.S. ag markets. 

Then the Iranian regime announced its intent to close the Strait of Hormuz, a critical chokepoint in global fertilizer supply chains through which as much as 80% of the world’s nitrogen fertilizer travels. Concerns set in immediately about fertilizer availability, and already high input prices began to rise just as farmers are finalizing their plans for the 2026 season. And this is just one of nearly a dozen key agricultural news stories that are being driven right now not by weather or conditions in the field, but by decisions coming from the White House and Capitol Hill. 

To help us stay on top of all the latest updates, we’re joined today by DTN Ag Policy Editor Chris Clayton. Our conversation starts with fertilizer news, and what ag groups and Trump Administration officials are doing to calm concerns. Then, we’ll hear news about the Farm Bill, which has passed out of the House Ag Committee though, despite needs throughout the countryside, looks like it will have a long road to the President’s desk. 

We’ll also talk about the year-round E15 debate, which farmers and their advocates increasingly see as a way to relieve some of the worst economic pressure in farm country in the short term, and hear insight on President Trump’s executive order on glyphosate. 

Finally, we’ll learn the latest on the trade front as the USMCA continues to be reviewed by its North American signatories, and hear about growing action in the antitrust space, where meatpackers, chemical manufacturers, and even railroads may be in the crosshairs.