Apr. 15 at 6:37 PM
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āMost Farmers Canāt Afford Fertilizerā
1) 70% of U.S. farmers say fertilizer is too expensive to buy all they need.
2) Regional impact: South hit hardest (~80%), then Northeast (69%), West (66%), Midwest (48%).
3) Low pre-purchasing: Especially in the South (19%); Midwest highest (67%) but still insufficient.
4) Main cause: Middle East conflict disrupting supply (e.g., Strait of Hormuz), driving up fertilizer and fuel costs.
5) Price spikes: Nitrogen fertilizer up 30%+, urea up 47%, total fuel + fertilizer costs up 20ā40%.
6) Farmer response: Some will skip fertilizer use or reduce planted acreage.
7) Risk: Lower crop yields and potential impacts on food supply and prices.
8) Financial strain: 94% of farmers report finances worsened or unchanged from last year.
https://www.fb.org/news-release/nationwide-survey-most-farmers-cant-afford-fertilizer