American Farm Bureau Federation: High Diesel Prices Put Strain on Farmers
November 05, 2022
November 05, 2022
NASHVILLE, Tennessee, Nov. 5 (TNSres) -- The American Farm Bureau Federation issued the following news release on Nov. 4, 2022:
The average price of diesel is $5.32 per gallon, more than $1.50 above the same time last year. While prices are below the $5.81 peak in June, the high cost of fuel is hitting farmers hard as they navigate the fall harvest season. American Farm Bureau Federation economists analyzed the factors driving up fuel prices in the latest Market Intel report.
. . .
The average price of diesel is $5.32 per gallon, more than $1.50 above the same time last year. While prices are below the $5.81 peak in June, the high cost of fuel is hitting farmers hard as they navigate the fall harvest season. American Farm Bureau Federation economists analyzed the factors driving up fuel prices in the latest Market Intel report.
. . .