US EditionWar with Iran Drives Fertilizer, Fuel Costs up for Farmers; Could See Higher Prices at the Store
War-driven disruptions to Middle East shipments raise fertilizer and fuel costs by up to 20%, tightening margins for U.S. farmers planting this season.
- Across Jay, Fla., and Loudon County, Tenn., farmers report rising costs for supplies as they prepare this planting season, when diesel use and timely inputs are essential.
- Coupled with broader global supply problems, Iran's war is disrupting shipments through the Strait of Hormuz, affecting fertilizer availability, as nearly half of the world's urea comes from the Middle East, the American Farm Bureau Association reports.
- Reporters found concrete price jumps at the farm gate as some farmers report $200 a ton higher fertilizer and nearly $2 per gallon diesel, with $850 to plant an acre of corn, says John Goddard.
- Farm profitability is being squeezed by higher input bills as U.S. farmers face tight math and some adopt spent microbial biomass, with Sweetwater farmer Josh Watson saying, 'The American farmer can't take much more high prices on their product that they're buying.'
- Farmers report they will press on despite hardship, as AP notes shipments from the Middle East can take 30 to 45 days to reach U.S. ports, with fertilizer ready to apply this week, according to Diamond.
15 Articles
15 Articles
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Pennsylvania Capital-Star
War in Middle East causes further stress on U.S. farmers
Corn farmers call for year-round E-15 and lower duties on foreign fertilizers as the war with Iran impacts fertilizer and fuel costs. (Photo by Cami Koons/Iowa Capital Dispatch)Corn farmers in the U.S. are bracing for even higher fertilizer prices as conflict in the Middle East impacts the globally traded commodity, according to leaders with the National Corn Growers Association. Corn farmers are approaching a fourth year of negative yields, du…
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