cost of fuel

Farmers feel the pinch globally as fuel costs rise

Farmers feel the pinch globally as fuel costs rise

  • The agricultural sector from the US to Russia, and Brazil to Europe, is seeing profits harmed by the rise in diesel prices.
  • In the US, fuel accounts for 5 percent of farmers’ costs, and is hurting margins at a time when farm income is half that of 2013.
By Reuters ·