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The ripple effect of the Iran war on struggling U.S. farmers

Home - CBSNews.com·@Cbsnews·2 months ago
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Vinton, Iowa — Lance Lillibridge of Vinton, Iowa, has been farming his whole life, and says he's worried for this year's spring planting."It couldn't have come at a worst time," Lillibridge told CBS News of the Iran war.The war has led to skyrocketing diesel and fertilizer prices. Lillibridge says the prices are piling onto an already struggling industry."It just feels like the world is trying to take this all away from us right now," Lillibridge said.The price of ammonia and urea, two fertilizer ingredients seeing disruptions, are up around 20% and 50% percent, respectively, since the start of the Iran war, according to Oxford Economics. The price of diesel gas is up 43.5%, according to AAA."This situation is not driven by either the person producing the food or the person buying it," said Scott Marlow, an agricultural policy expert and former deputy administrator of farm programs at the USDA Farm Service Agency.…

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