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https://www.barrons.com/articles/food-prices-could-stay-high-due-to-surging-energy-costs-51660843083
Gasoline prices have been falling for weeks, but diesel and natural-gas prices remain much higher than a year ago. It’s mainly the latter two that are raising costs for the nation’s fuel-intensive agricultural industry, leading to expectations that food prices will remain high.
Kent Vander Lugt, a farmer in southwest Minnesota, says his fuel costs are 60% higher than a year ago, increasing his cost per acre of corn raised by $30 to $40.
Gasoline prices have been falling for weeks, but diesel and natural-gas prices remain much higher than a year ago.
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