The fertilizer issue is an interesting one. The Strait of Hormuz, obviously the Iranian conflict certainly caused some disruption in fertilizer. And our Farmers once again are seeing a 30 to 40% increase [in fertilizer costs]. But that was on top of a 50 to 60 to 70% increase in the Biden years for a lot of reasons. (04:50–04:55)
CLAIM
Asserts that farmers are experiencing a 30-40% increase in fertilizer costs.
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