Diesel prices are soaring just as harvest season looms for many of the country's largest crops.
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Diesel prices are soaring just as the energy-thirsty peak of harvest season looms for many of the country's largest crops.
Why it matters: It's a double whammy for farmers, with the Iran war also causing much higher fertilizer costs that hit months ago.
Farmers are grappling with a confluence of forces — many of them human-made, including the effects of the Iran war.
The market is getting more precarious as the Russia-Ukraine war and the Iran crisis squeeze supply from multiple angles.
US war with Iran drives diesel fuel prices up during spring planting season, ‘hitting us at the wrong time’, farmers say
A potential new inflation headache threatens to ripple into food supply and grocery prices months from now.
Pain at the pump is easing with a possible Iran deal, but your summer travel is still going to cost you.
Pump prices will likely remain higher than pre-war levels for some time.
