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Stock impact report

Americans are about to get a crash course in the global economy: Higher prices are coming for pineapples, plastic, chocolate and berries [Yahoo! Finance]

StoneX Group Inc. (SNEX) 
Company Research Source: Yahoo! Finance
Tennessee farmer Todd Littleton is thousands of miles from the Strait of Hormuz, but he's seeing the early fallout from the shipping lane's effective closure as fighting continues in and around Iran. The turmoil couldn't have come at a worse time, as planting season starts. Littleton has 4,000 acres for corn C00, wheat W00 and soybeans S00. Now he's facing an unplanned $50-per-acre increase in the cost of nitrogen, a critical fertilizer, for his corn crop. Diesel fuel is up 50 cents a gallon, he said, and the natural gas NG00 used to heat the Gibson County farmer's poultry houses is more expensive too. Most Read from MarketWatch The first major stock index just fell into correction territory. Will others follow? ‘We're living the simple life': I was a fisherman and my wife was a nurse. We retired with $6 million. Here's how we did it. Chuck Norris never dies: How a meme made the actor a cultural icon and multimillion-dollar brand “To put it in perspective, the increases i Show less Read more
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