WORLDSCMP CHINA
Asean at 60: peace, prosperity and polite paralysis
Dan Rae Hugo, a 43-year-old farmer in Iloilo, Philippines, faces doubled diesel costs and evaporated profit margins, with rice prices rising 20% due to the Iran war. He attributes his struggles to increased inputs like diesel, labor, and transportation costs.
Mentioned
Related Signal
Adjacent reporting
- Iowa farmers, feeling the strain, hope for positive outcome from Trump's China summit
- California farmers were already struggling. Then came the Iran war
- As Iran war continues, people across the US are feeling a strain from high gas prices
- The Iran war is jacking up fertilizer prices and forcing farmers to make tough calls. ‘If I guess wrong, I lose the farm.’
- Iran war disruptions spark higher costs and lost income in Bangladesh
- The rising cost of fertilizer and fuel prices is pushing some farmers to the brink