Agricultural economist predicts diesel prices remain high through 2027
A Kansas State University economist predicts that diesel prices will remain high through 2027. The trend is attributed to rising crude oil prices and limited supply, impacting farmers and food inflation.
TOPEKA — Diesel costs are likely to remain elevated through next year to the detriment of farmers struggling to turn a profit and consumers grappling with food inflation, a Kansas State University agricultural economist says. Gregg Ibendahl, farm management specialist with KSU’s Extension Service, said the diesel market was influenced by soaring crude prices, limited […]
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