The Iran war is not staying overseas.
Fox News just reported that JPMorgan is warning we could be heading into a global food crisis because of the war in Iran under Trump.
This is a big deal, and honestly, everyone needs to be paying attention to what this could mean for food prices and supplies here in the U.S. pic.twitter.com/OwyiGBagTZ
— Joe Vargas (@JoeVargas) August 25, 2026
JP Morgan recently flagged a slow-building food crisis, and Fox Business on Tuesday dispatched a message directly to President Donald Trump about the global threat he’s potentially aggravating.
“A JPMorgan (JPM) fertilizer analysis has been recirculating this week alongside a figure suggesting grocery prices could jump 12.3 percent,” reports marketing expert Tobi Opeyeni Anure for The Street, adding this could arrive on top of American household budgets seeing a 9.9 percent rise in food prices since 2022, the fastest pace since 1979, according to the USDA Economic Research Service.
Fox reports a crisis potentially cascading thanks to Trump’s ongoing Iran war, with corn, soybeans wheat and other food staples deteriorating, said Fox guest speaker Scott Shellady.
“We’ve got a problem with logistics. Logistics around the world has slowed up,” Shellady told Fox Business, referring to the issue with Trump’s Strait of Hormuz, but also with blockades in the Black Sea also related to Trump’s attacks on Iran.
“Both of them cause problems with fertilizer and when we don’t put down enough fertilizer guess what happens to yields. This is a cascading event. This is a logistics issue, it’s a weather issue and it’s a political issue and they’re all stacking up for the perfect storm where JP Morgan sees food inflation at five percent next year. And that could be a real problem if we get any big hiccups with Mother Nature,” Shellady said.
Farmers in America’s Corn Belt say they are facing their worst crisis in 40 years, as an explosion in diesel and fertiliser costs triggered by Donald Trump’s Iran war pushes grain producers to the brink. https://t.co/wBVYxF4yM1 pic.twitter.com/oMwpGgVxjz
— Financial Times (@FT) August 25, 2026
Squeezed by tariffs and Iran war, farmers say they face a new crisis
https://www.washingtonpost.com/business/2026/08/25/farmers-say-they-face-new-crisis-trumps-tariffs-iran-war-raise-costs/
Warns of global food inflation rising to about 5% next year from fertilizer disruptions
https://energynewsbeat.co/agriculture/jpmorgan-warns-of-global-food-crisis-looming-next-year/
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