Rising Fuel Prices Hit U.S. Farms as Iran War Drags on | Honolulu Star-Advertiser
Diesel prices have climbed more than 40% since the conflict began, squeezing margins as farmers need fuel for planting and harvesting.
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Hawaii Tribune-Herald
Rising fuel prices hit US farms as Iran war drags on
NEW YORK/CHICAGO — High energy costs are squeezing grain and soybean growers across the U.S. farm belt, as the Iran war chokes fuel supplies through the Strait of Hormuz and pushes diesel prices to record highs in key agricultural states. The post Rising fuel prices hit US farms as Iran war drags on appeared first on Hawaii Tribune-Herald.
Rising fuel prices hit U.S. farms as Iran war drags on | Honolulu Star-Advertiser
NEW YORK/CHICAGO >> High energy costs are squeezing grain and soybean growers across the U.S. farm belt, as the Iran war chokes fuel supplies through the Strait of Hormuz and pushes diesel prices to record highs in key agricultural states.
High energy costs are pushing grain producers across the entire agricultural region of the United States, as the war with Iran restricts fuel supply through the Strait of Ormuz and raises diesel prices to record levels in the major agricultural states. Many farmers were already under pressure before the conflict and faced the fourth consecutive year of falling margins, damaged by a recurrent drought, high input costs and the consequences of US P…
US farms squeezed by higher fuel costs amid Iran war
Many farmers were already under pressure before the conflict and facing a fourth straight year of shrinking margins, battered by a resurgent drought, high input costs and fallout from U.S. President Donald Trump's trade policies, which have weighed on crop prices, News.Az reports, citing Reuters. *** The conflict drove diesel prices in several states across the Midwest, America's primary corn and soybean-producing region, to new all-time highs i…
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