US farm economy hits crisis point amid spiking fertilizer and fuel prices
News
22/04/2026
Description
The article states that U.S. farmers are entering planting season amid sharp increases in fertilizer and diesel costs, worsened by the conflict with Iran. It also notes that 70% of surveyed farmers cannot afford all the fertilizer they need and mentions, as policy measures under discussion, the temporary suspension of the Jones Act and a request to lift duties on phosphate imports.