Diesel Crisis Update: Farmers Hit Hard; Food Crisis Warnings Rise

Guest Post by Unshadowed


The pressure on diesel continues to build heading into harvest. Prices have climbed further, on-farm inventories are low, Russia is extending its export ban, refining is running at historic stress levels, and farming associations in the UK and Germany are warning of a Food Crisis, as many producers may not have the cash to plant next season. Ground reports of delivery impacts are also starting to surface.

Part one here.

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[ H/T The Burning Platform ]