When will the Iran war hit food prices?
Summary
Food economist David Ortega explains how the Iran war’s impact on diesel and fertilizer costs could raise U.S. grocery bills by 2-5% within six months. Perishable items like produce, dairy, and meat will likely see price hikes first due to transportation needs. While the U.S. may face modest increases, the disruption threatens a global food crisis by affecting access and affordability in vulnerable regions.
Topics discussed
Intro: Grocery prices flat but war impacts loom
Sponsors: Washington Wise, Mint Mobile, Tiny Desk
Guest Intro: Food Economist David Ortega
How diesel and fertilizer costs drive up food prices
Timeline and magnitude of expected price hikes
Which grocery items will see price increases first
Global food crisis risks and access issues
Credits and closing sponsor messages
Listen ad-free on Castria