“We Are Teetering On The Edge”: Food Shortage Worries Mount As Farms Crushed By Record Diesel Prices

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“We Are Teetering On The Edge”: Food Shortage Worries Mount As Farms Crushed By Record Diesel Prices

– Pennsylvania farmers are being "crushed" by the record cost of diesel – so much so, that questions about a food crisis are starting to loom, the Morning Call reported.

One farmer in Lehigh County is quoted as saying: “I’ve got a tractor hooked up to my corn planter out here, no diesel fuel, and I can’t afford to get any.”

The situation looks as though it will continue to push food prices higher, after the government reported that food prices in May were 10.1% higher than last year.

Kotzmoyer lamented the possibility of a food shortage: “One, if they can’t afford to put it in the ground. Or, two, if they can’t afford to take it out.”

The PA average for diesel is now $6.19 per gallon, up about 75% from a year ago, the report notes. It is a “huge, huge expense” for farmers, Kotzmoyer told state legislators.

Learn More: https://www.zerohedge.com/markets/we-are-teetering-edge-food-shortage-worries-mount-pa-farms-crushed-record-diesel-prices

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