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Weatherhead's Jonathan Ernest discusses economic challenges facing farmers

Media | June 12, 2026 | Story by: Editorial Staff

100 days into Iran war, Americans face higher prices

Al Jazeera: Jonathan Ernest, assistant professor of economics at Weatherhead School of Management, said U.S. farmers are facing a “double whammy” from the Iran war, with rising fuel and agricultural input costs squeezing production. He warned that these pressures will likely translate into higher food prices later in the year, once crops reach market.