News Analysis Many U.S. farmers have been struggling to get their fertilizer and herbicide supplies ready to sow their fields. Even if they can get them, they’re at exorbitant prices. Count in diesel at record highs, and there’s a recipe for trouble. If Americans grumble about high grocery prices now, they can brace for even more pain up ahead. A significant part of the problem stems from dependency on the interconnected global market—particularly products from China, but also Russia. At current prices, farmers are looking to get about $900 per acre of corn, depending on the yield. That’s up from about $600 per acre in early 2020. In 2020, they paid about $120 to fertilize an acre of corn. In 2021, it was around 50 percent more than that, and in 2022, it may be up by another 80 percent. That means farmers may still lose money, despite getting paid …
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