Since the start of the Iran war, how much have fertilizer prices increased for American farmers? Well, there's four different pockets of fertilizer. Nitrogen. I'M sure is what you're talking about, which is Ammonia [fertilizer] increased about 40% based on the closure of the Strait of Hormuz. The others are a little more stable, but. But we are now. It did go up almost 90% under the Biden years. So even though we're hitting record numbers. (02:44–02:50)
CLAIM
Asserts that ammonia fertilizer prices increased about 40% due to the closure of the Strait of Hormuz.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
