Source: CAROLINA JOURNAL, 4/11/22

Farmers across the country, including North Carolina, are “taking it on the chin” when it comes to diesel and fertilizer prices, which have risen to unprecedented levels. The U.S. is dependent on and a major importer of foreign fertilizer. Factors driving costs up include Russia’s war with Ukraine, a limited supply of the relevant minerals and high energy costs, high global demand and agricultural commodity prices, reliance on fertilizer imports, and lack of competition in the fertilizer industry.

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