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The Nexus
BUSINESSMay 16 · 11:30 UTCAXIOSNathan Bomey

Farmers growing increasingly desperate amid rising energy and fertilizer prices

Farmers in the Midwest are facing financial pressure due to rising energy and fertilizer prices, driven by the Iran conflict, which may lead to more family farms going out of business and increased food prices. The current landscape is more challenging than at any time since the 1980s farm crisis. Rising fuel and fertilizer costs threaten rural economies already strained by trade disruptions and extreme weather.

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