Urea fertilizer prices have climbed 47% since the end of February, according to the American Farm Bureau Federation.
Most U.S. farmers can’t afford all the fertilizer they need this year. Opening the Strait of Hormuz comes too late.
Urea fertilizer prices have climbed 47% since the end of February, according to the American Farm Bureau Federation.
This article was originally published by
MarketWatch
and is republished here under license.
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