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EJ Antoni and Stephen Moore: The Coming Fertilizer Crisis Will Cause Food Prices to Rise — Unless We Act Now
Gasoline is up more than 30% and fertilizer prices have jumped as much as 50%, raising costs for drivers, farmers and grocery shoppers, officials said.
2 Articles
2 Articles
Its only the beginning of higher prices unless Congress takes action
The U.S. and Iran have reached a fragile ceasefire, but despite the long-awaited reopening of the Strait of Hormuz, the future of the ceasefire remains uncertain, and American families are still facing real economic consequences at the gas pump, in grocery store aisles, and on their electric bills. Gasoline prices have increased by more than 30% since the war began, adding hundreds of millions of dollars in additional daily costs. Fertilizer pri…
EJ Antoni and Stephen Moore: The coming fertilizer crisis will cause food prices to rise — unless we act now
With gasoline prices over $4 a gallon, the highest level since 2022, it’s clear that the war with Iran is inflicting economic pain. And not just at the pump: Food prices are poised to rise significantly if federal lawmakers do nothing to address a fertilizer crisis that was, in part, their own making.
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