John Bennett didn’t factor a war into his farm’s finances. Now he’s down $600,000
By Tania Lee

Urea prices have risen 75% since the start of the US-Israel war in Iran, eroding the already thin profit margins of Australian grain farmers

https://www.theguardian.com/australia-news/2026/jun/09/iran-war-hormuz-oil-prices-fuel-crisis-australia-fertiliser-impact-farming

#RuralandregionalAustralia #Australianeconomy #Business #Agriculture #Victoria #Australianews #StraitofHormuz #TaniaLee

John Bennett didn’t factor a war into his farm’s finances. Now he’s down $600,000

Urea prices have risen 75% since the start of the US-Israel war in Iran, eroding the already thin profit margins of Australian grain farmers

The Guardian