Russia's Ukraine war is stressing farmers in U.S.
CBSN
Spring planting season has begun for many farmers, and though their crop prices are higher than they've been in years, the war in Ukraine is causing skyrocketing costs for farmers here in the U.S. Farmers are being hit with price hikes across the board — in fuel prices and equipment — but especially fertilizer.
Russia is the world's second largest producer of many key crop nutrients in a typical year, and since the war has affected access to key ports, some American producers are having trouble finding what they need to buy, according to Nick Paulson, Associate Professor in Agricultural Economics at the University of Illinois.
"It's not only the price of fertilizer that is becoming a concern and in some cases it's also the literal availability of it," Paulson said. " A lot of the fighting is directly affecting the ability to get ships in and out."
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