A perfect storm is hammering US farmers. Pre-war consolidation and tariffs were already squeezing profits, but the war on Iran has now exploded costs. With the Strait of Hormuz closed, fertilizer and diesel prices have skyrocketed just as spring planting begins.

This crisis threatens to wipe out more farms, shrink food supplies, and send grocery prices soaring nationwide, with economists warning the worst is yet to come.

https://www.nbcnews.com/business/economy/trump-iran-war-farm-crisis-rcna266283

#usa #farming #news #economy #iranwar

Is America on the cusp of a farm crisis?

The Iran war is driving up costs on farms already under pressure, raising the question of whether America is on the cusp of another farm crisis.

NBC News
@yogthos You know who is doing fine? Regenerative farmers who don't use all those inputs.