Indiana Farmers Face Record Diesel Prices Amid Global Conflict
Indiana's farmers are facing higher diesel costs as they prepare for harvest. According to AAA, diesel is averaging $6.71 per gallon in Indiana, a significant increase from last year's average of $3.78.
Thorntown farmer Donnie Lawson uses thousands of gallons of diesel to run his combines, tractors, and other equipment. He's weighing whether to buy fuel now or wait due to fluctuating prices.
Purdue agricultural economist Michael Langemeier notes that farmers have seen large increases in supply costs, including fertilizer and corn/soybean prices. While higher food prices may eventually reach consumers, Langemeier attributes the diesel price surge to the conflict in the Middle East.