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US farmers face severe challenges as fertilizer prices surge due to the Middle East conflict, blocking the Strait of Hormuz. With corn and soybean planting in full swing, farmers are grappling with delayed orders and skyrocketing costs for essential nutrients. Diesel prices are also soaring, further straining budgets. Farmers are responding by reducing usage, but past shortages and the ag economys struggles pose significant threats. If the strait remains closed, next years crops could be severely impacted.
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