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Editor Bill Watts leads a discussion with Lane Akre covering markets and how the war has affected crop prices before tackling what impact the closure of the Strait of Hormuz has on crop acres with Hillari Mason.
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The situation in Iran drove fertilizer prices higher this week, while raising shortage fears. Analysts warn higher input costs could shift up to 1–1.5M acres from corn to soybeans this spring.
USDA is urging farmers to respond to 2026 acreage surveys as skepticism grows over recent corn acreage revisions. Officials say stronger participation is key to maintaining the accuracy and credibility of crop reports.
The grain and oilseed markets surged higher overnight with corn and beans hitting fresh for-the-move highs