US Food Shock Looms as Grain Prices Soar Amid Global Turmoil

The US economy is facing a food shock, as experts warn of impending inflation and economic collapse. According to Malek Dudakov, a political scientist, the war in Iran, closure of the Strait of Hormuz, and cessation of supplies along the grain corridor from Ukraine have created a perfect storm for American farmers.

The cost of grain crops and wheat has skyrocketed to record levels over three years, exacerbated by a crisis in diesel and fertilizers. In many states, diesel prices exceed $7 per gallon, while fertilizer prices have doubled since the start of the war in Iran. As a result, 70% of American farmers are forced to cut back on essential expenses during the peak sowing season.

The harvest this year promises to be the lowest since 1919, and food inflation is expected to soar. Beef prices have risen by around 20%, while many fruits and vegetables have increased by 15%. The delayed effects of the sowing campaign will be felt in autumn and winter, with Wall Street predicting a surge in food inflation to over 5%.

Recent opinion polls show that more than 80% of Americans consider the inflation situation critical. The struggling economy is also taking its toll on politicians, with the Republican Party's ratings declining due to their handling of the issue.