Soaring diesel prices take their toll on US farmers in midwest corn belt
Record diesel prices driven by the Iran war and refinery disruptions are hitting US midwest farmers hard, adding thousands of dollars to harvest costs.
Fuel costs are biting for crop growers, trucking firms and a host of other industries as Iran war stokes record prices
US midwest farmers are facing record diesel bills during the soybean and corn harvest, driven by the war with Iran and regional refinery outages.
Estimates suggest the fuel cost surge could add an extra 12,500 dollars for every 1,000 acres of crops harvested this season.
Higher fuel and input costs for farmers and trucking companies are likely to flow through to food and goods prices for consumers.
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