Costs Tied to Iran War Add to WA Farm Woes
Farmers say global market prices leave them unable to pass along surcharges as fuel, shipping and fertilizer costs climb.
- Washington farmers face a triple financial hit this year from U.S. and Israel attacks on Iran, with soaring costs for fuel, shipping, and fertilizer compounding record-low global commodity prices.
- Global markets set prices for Washington's nearly 300 commodities, so growers cannot pass increased production costs to consumers, explained T. Randall Fortenbery, professor at Washington State University.
- Because farming 6,000 acres requires careful planning, Chvatal in Walla Walla bought fertilizer last fall and diesel in January, holding about 15,000 gallons on site through July.
- While America imports most fertilizer from Canada, global shortages will drive prices up everywhere; economists expect costs to remain elevated until production ramps up after the Strait of Hormuz reopens.
- Farmers face a "perfect storm" of challenges beyond the war, including new Washington state labor regulations and water rights debates, creating sustained uncertainty for the industry this year.
17 Articles
17 Articles
Columbia Gorge News
Costs tied to Iran war add to WA farm woes
It’s going to be another tough year for Washington farmers, who were already facing record-low worldwide commodity prices. While consumers benefit from lower prices on things like wheat (resulting in cheaper bread) and pork, wheat growers and pig farmers are…
Costs tied to Iran war add to WA farm woes • Washington State Standard
Winter wheat planting near Palouse, Washington. (Photo by Edwin Remsberg/Getty Images)It’s going to be another tough year for Washington farmers, who were already facing record-low worldwide commodity prices. While consumers benefit from lower prices on things like wheat (resulting in cheaper bread) and pork, wheat growers and pig farmers are footing the bill for these savings. Many farmers are experiencing a triple hit on their finances from…
Nisqually Valley News
The ReflectorCosts tied to Iran war add to Washington state farm woes
It’s going to be another tough year for Washington farmers, who were already facing record-low worldwide commodity prices. While consumers benefit from lower prices on things like wheat (resulting in cheaper bread) and pork, wheat growers and pig farmers are footing the bill for these savings. Many farmers are experiencing a triple hit on their finances from the U.S. and Israel attacks on Iran, with higher costs for fuel, shipping and fertiliz…
Costs tied to Iran war add to Washington state farm woes - The Daily Chronicle
It’s going to be another tough year for Washington farmers, who were already facing record-low worldwide commodity prices. While consumers benefit from lower prices on things like wheat (resulting in cheaper bread) and pork, wheat growers and pig farmers are footing the bill for these savings. Many farmers are experiencing a triple hit on their finances from the U.S. and Israel attacks on Iran, with higher costs for fuel, shipping and fertiliz…
Coverage Details
Bias Distribution
- 75% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
