Fertilizer Costs Surge Threatening US Farms Amid Hormuz Disruption
TL;DR
US farmers, already squeezed by years of low crop profits, face sharply higher fertilizer costs as Iran-linked disruption to Hormuz pushes nitrogen prices toward $600/short ton, threatening yields and prompting input cuts or crop shifts, with lenders tightening credit and subsidies propping some growers up.
- ‘It’s not sustainable’: US farmers reeling as Iran war pushes fertilizer costs up The Guardian
- Iran war-induced fertilizer shortage threatens Republicans in farm states ahead of midterms CNBC
- American farmers are feeling the squeeze The Economist
- The Iran War’s Next Threat Is to Food and Water The Atlantic
- War in Iran threatens fresh food-price shock across developing world Reuters
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Read on The Guardian