Corporate Giants Profit as Fertilizer Shortage Threatens Harvests #
Chris Bohn stood before his shareholders on a Thursday morning to announce a windfall that most families would find difficult to celebrate. As the Chief Executive Officer of CF Industries, Bohn confirmed that nitrogen fertilizer prices have surged following the closure of the Strait of Hormuz. While his company sees record margins, the farmers who tend the soil of the American heartland face a grim choice between debt and a failed crop. According to an earnings call reported by the…