finance
High Fertilizer Prices to Support Demand for Crop Protection Products
UPL Corp. CEO Mike Frank said high fertilizer prices driven by the Iran war are increasing global demand for crop protection chemicals. He discussed the company's Q4 2026 earnings in a CNBC interview. Frank also addressed Indian Prime Minister Modi's promotion of natural farming methods and the U.S.-India trade deal.
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High fertilizer prices stemming from the Iran war are supporting increased demand for crop protection products around the world, according to UPL Corp. CEO Mike Frank. Frank discussed the company's Q4 2026 earnings in an interview with CNBC. He said the fertilizer shortage has elevated the role of crop protection chemicals in maintaining agricultural output.
The company produces a range of crop protection products used by farmers globally. These products can help offset reduced fertilizer availability by improving crop resilience and yields.
Modi has promoted greater adoption of natural farming methods in the country. Frank addressed how this policy shift might affect demand for conventional crop protection products. The executive noted that natural farming approaches rely less on synthetic inputs. This includes both fertilizers and certain chemical crop protection products.
A U.S.-India trade deal is also in place.
's operations. The company continues to monitor developments in fertilizer markets, farming practices, and international trade agreements. These factors collectively shape global demand for crop protection chemicals. Frank said the combination of high fertilizer costs and ongoing supply constraints from the Iran war creates conditions that favor greater use of crop protection products.
