Diesel prices surge just as farmers need fuel the most
Farmers in major growing regions say higher fuel costs are squeezing harvests and could lift food prices as diesel supplies tighten.
- Agricultural producers from Canada to Australia report elevated fuel costs for machinery are creating significant financial strain during this critical harvest season.
- Supply disruptions triggered by the Russia-Ukraine conflict and the closure of the Strait of Hormuz have restricted energy output, driving fuel prices up 59 per cent compared to levels before the Iran war.
- Louisiana farmer Julie Richard spent almost $20,000 on diesel, describing the expense as "insane," while Deleau-area farmer Michael Decock noted high costs are forcing growers to avoid harvesting mature crops.
- On Wednesday, Canada's federal Liberal government voted against a Conservative proposal to eliminate fuel taxes until next July, as experts warn input costs will translate into higher prices for food and construction materials.
- Keystone Agricultural Producers vice-president Jake Ayre said the group will discuss potential policy changes in coming months, as Copa-Cogeca warned that sustained high input costs could cause "noticeable production declines" among its roughly 22 million members.
14 Articles
14 Articles
NiagaraFallsReview.ca
Farmers stomach high diesel prices
Rising diesel fuel costs have impacted how a Westman farmer is planning his work this autumn season.
Transport Topics
keenesentinel.comDiesel prices surge just as farmers need fuel the most
“It’s killing the whole nation,” said Missouri farmer Marty Richardson, who is reluctant to harvest his rain-drenched corn fields as his machines will chew up more diesel in the mud and he can’t afford to waste a drop.
Manitoba Farmers stomach high diesel prices
Connor McDowell Local Journalism Initiative Reporter Brandon Sun Rising diesel fuel costs have impacted how a Westman farmer is planning his work this autumn season. The price of diesel in Canada was $2.60 per litre as of Sept. 30, according to Natural Resources Canada’s online tool for the daily average retail price for diesel. The […] The post Manitoba Farmers stomach high diesel prices first appeared on Prince Albert Daily Herald.
Higher food prices a given as diesel fuel prices stay higher, farmer says – Fort Frances Times
While Thunder Bay-area farmers have been trying to salvage a harvest following an unusually dry summer, one thing has begun to feel normal: the rising cost of diesel fuel for their combines, tractors and heavy trucks. “It is what it is,” Jason Reid, who operates a beef farm on the […]
Coverage Details
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
