Canadian Farmers Face High-Stakes Gamble

0:00Canadian farmers are getting hit hard by skyrocketing fuel and fertilizer prices, nearly doubled since the war between the U.S., Iran, and Israel choked, oil and gas shipments through the straight of Hormuz. That squeeze is turning this year's crops into a real gamble, with fertilizer shortages looming, and diesel costs jumping from around 80 cents A. Leater to over $1.50. Farmers in places like Kermona, Alberta, and near-portage La Prairie, Manitoba, are feeling the pain firsthand, burning through 1,000 liters of. Fuel a day on tractors, while grain prices stay low, and margins get razor fin, they've tried pre-bying supplies last fall to hedge bets, but even that leaves them shelling out tens of thousands extra, with ongoing bills for. Equipment in land that don't quit. Experts warn of stuck imports and limited supplies, so cutting back fertilizer means lower yields and profits, and skipping planting altogether could. Think the economy and food security farmers are playing a high-stakes hand with no easy

1:02out. I'm Corey with The Story. That's your Canada News Today update, AI powered and always on.