Iran deals a blow to American farmers’ livelihoods – VIDEO

The suspension of fertilizer shipments through the Strait of Hormuz in September and October has dealt a serious financial blow to US farmers.

TodayPress TV reports that, according to a study by CSIS titled Iran, Fertilizer and Food Security, fertilizer and fuel prices in the United States have surged amid the halt in shipping traffic through the strait.

Before the war, approximately 20% of the world’s traded nitrogen fertilizer was transported through the Strait of Hormuz, the report says.

In Kansas, phosphate prices have risen by 29%, potash prices by 17%, while diesel prices have nearly doubled. In Texas, diesel prices have surged by as much as 80%.

Farm bankruptcies in the United States have reportedly increased by 46%. Some farming families in Iowa are facing the threat of having their property seized.

The report also notes that the $8 billion in aid payments announced ahead of the elections has not been enough to cover farmers’ rising costs for their next fertilizer orders.

Political debate in the United States has also intensified. Vance has blamed the war for Republican losses in the Senate, while Marco Rubio continues to defend the decision as the price of leadership.

Jala Rovshan