Farmers are facing soaring prices on diesel and nitrogen fertilizer, Wisconsin Public Radio reported.
This is due to the spotty closure and open status of the Strait of Hormuz, which is vital for trade. Since the Iran war began in late February, the passage has mostly been closed.
Urea, a nitrogen-based fertilizer, cost about $455 per ton the day before the U.S. attack and subsequent war. In late April, the price was about $700 per ton.
As for diesel, it moved from $3.81 to $5.35 per gallon in the same period.
Advertisement
A recent survey from the American Farm Bureau Federation found that about 70% of the farmers surveyed across the nation cannot afford the fertilizer they need.
