Escalating conflict in the Middle East is causing supply chain issues for Brazilian agriculture. Strikes on Iran and disruption in the Strait of Hormuz are affecting shipping routes and raising insurance costs. Brazil exports a lot of corn and soy to the region. Iran bought 20% of Brazil's corn last year, and shippers are now considering canceling or diverting cargoes to avoid the risk. Imports are also taking a hit. Brazil relies heavily on urea fertilizer from the Middle East. Suppliers have started withdrawing price lists due to the uncertainty. Analysts say this could impact the planting season in September since alternatives like Russia or China have their own supply limits.