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U.S.-Iran Deal Offers Too Little, Too Late for Farmers

June 21, 2026 · 7:24 am ET · Leave a Comment

Washington Post: “Now, the U.S.-Iran agreement to reopen the vital Strait of Hormuz and pursue a lasting peace offers some relief to farmers who have seen their fuel and fertilizer bills soar because of combat in the Persian Gulf. Diesel has not been cheaper since mid-March. Urea fertilizer in recent days sold for less than it did before the fighting began.”

“But the financial damage has been done.”

“President Donald Trump’s February decision to join Israel in attacking Iran aggravated the farm economy’s struggles. Soybean growers, who were already suffering from the president’s tariffs, are expected to lose money in 2026 for the fourth straight year.”

Economy

← PreviousTrump’s Iran Agreement Divides RepublicansNext →Vance Arrives in Switzerland for Crunch US-Iran Talks

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Taegan Goddard

Taegan Goddard

Taegan Goddard is the founder of Political Wire -- which for more than two decades has been one of the nation's most influential political news sites.

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