I’m hearing spikes in domestic costs for farmers here for one of the fertilizers used a lot. And smaller increases in some of the others.

And also we import a lot of food. So everyone affected, affects us.

https://www.agweb.com/news/business/strait-hormuz-crisis-why-fertilizer-relief-years-away-u-s-farmers

https://www.npr.org/2026/03/26/g-s1-115240/iran-war-strait-hormuz-fertilizer-exports-farmers-planting-season

https://www.fao.org/newsroom/detail/strait-of-hormuz-crisis--fertilizer-scarcity-will-affect-next-harvests-and-food-supplies--fao-warns/en

Soy is up but corn is down. https://www.reuters.com/world/us/us-corn-planting-seen-down-soy-acres-up-iran-war-inflates-costs-analysts-say-2026-03-27/

Which is mostly what livestock feed is made from.

Spring wheat plantings expected at lowest since 1970.

That’s 56 years ago. Just to put in context. And wheat is a big part of American diets. Also used in animal feed.