US Diesel Prices Surge Past $6.50: The Agriculture ETFs Caught in the Crossfire
U.S. diesel prices hit a record $6.50 a gallon, putting fresh pressure on farmers. Here’s what soaring fuel costs could mean for agriculture ETFs.
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Why It Matters
Diesel fuel got very expensive, which costs farmers more money to run their equipment. When farmers spend more on fuel, agriculture companies might earn less profit to share.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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