Why food costs are set to soar + Trump teases peace deal

Deep Dive: Australia could see its food production halved within months in a nightmare scenario, brought about by the continuing war in Iran. What will it mean for putting food on your table?  Farmers are warning they’re already unable to purchase enough fertiliser and diesel to plant their winter crops. It’s a perfect storm. The federal government this week announced a new trade deal with the European Union, worth $10billion. Farmers say it was a dud deal.  With the war in Iran now showing no signs of easing, Natarsha Belling is joined by Hamish McIntyre, President of the National Farmers Federation to take us through what will it mean for Australians and their weekly grocery bills? Headlines:  US sends 15-point plan to Iran to stop the war Commonwealth not planning on fuel rationing  ABC staff walk off the job over pay dispute Inflation slightly lower than expected Narelle gearing up for record-breaking move Follow The Briefing: TikTok: @thebriefingpodInstagram: @thebriefingpodcast YouTube: @TheBriefingPodcastSee omnystudio.com/listener for privacy information.