BISMARCK, N.D. (AP) — U.S. farmers are in for a rough spring as fertilizer costs are projected to hit record highs, driven largely by rising tensions in the Middle East, particularly the war in Iran. Tennessee farmer Todd Littleton is one of many who expect to pay an additional $100,000, a staggering 40% increase from last year's prices, as essential inputs to agriculture skyrocket.

“The problem is, we’re so strained financially coming into this issue,” expressed Littleton, a third-generation farmer. “We’ve faced record losses in recent years, and now with such high input costs, it feels like we’re hitting yet another wall.”

This price hike significantly impacts nitrogen-based fertilizers that are crucial for corn production, one of the most vital crops in the U.S., essential for food and energy supplies.

Since U.S. forces engaged in an attack on Iran in late February, reports indicate that shipping through the Strait of Hormuz has slowed, affecting fuel costs and fertilizer exports from the Persian Gulf—home to a substantial segment of the global fertilizer supply.

Rising costs are not a new complaint among farmers, but this latest surge comes at a particularly bad time, following a series of poor harvests and unstable markets.

According to agronomy experts, approximately 15% of fertilizer imports in the U.S. stem from the Middle East, with half of the global supply of critical ingredients such as urea sourced from the region.

“Farmers that did not pre-order might find themselves in dire need,” said Zippy Duvall, president of the American Farm Bureau Federation. “The situation is serious; many may not get the supplies they need this season.”

As agricultural economists observe, even if the conflict ceases soon, a sustainable solution to the rising prices won't be immediate, as existing supply chain issues linger from previous international conflicts, particularly those stemming from Ukraine.

As costs rise, there are fears about potential impacts on the food supply chain, with higher transportation costs translating to increased grocery prices down the line, even if farm prices remain relatively stable.

While the government has initiated measures to alleviate these costs, including talks to increase fertilizer imports from Venezuela, apprehensions about the overall effectiveness of these efforts remain.

In the midst of this financial turmoil, farmers are desperately trying to manage their budgets. Tom Waters, who cultivates 5,000 acres of corn and beans, lamented how narrowing profit margins necessitate frugality without sacrificing crop quality, further complicating an already challenging landscape.