Iran war is crushing Asia’s farmers, threatening global food supply
The Washington Post • • business
Key Points:
- Saithong Jamjai, a rice farmer in central Thailand, has decided not to plant her 19 hectares of farmland due to the economic impact of the U.S.-Israeli war against Iran.
- The conflict has caused surging prices for essential farming inputs like fuel, fertilizer, and plastics, significantly increasing her costs.
- She estimates that planting and harvesting will cost her about $33,000, while the expected revenue from selling the rice in August is only $22,000.
- This financial imbalance has led her to conclude that continuing to farm this season would result in a loss.
