Trade War, Fertilizer Tariffs, Strait of Hormuz: How Global Events Are Crushing Oklahoma Farm Margins
Oklahoma soybean farmers are navigating a cascade of financial pressures: trade war fallout that cut China's soybean purchases by 78%, fertilizer prices driven up by tariffs and the closing of the Strait of Hormuz, and fuel costs up more than 50%. Government assistance has helped, but margins remain deeply negative. The post Trade War, Fertilizer Tariffs, Strait of Hormuz: How Global Events Are Crushing Oklahoma Farm Margins appeared first on Oklahoma Watch.
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