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  • 3 days ago
The price of diesel is hitting record highs just when many U.S. farmers need it to power combines, tractors and other equipment to harvest two of the nation's largest commodities, soybeans and corn.

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00:01We have to harvest. We have to run the machines. We have to use the diesel. So bottom line is
00:07it
00:07cuts into our bottom line. Things are already tight with input prices on the front end when
00:13we plant and everything is going way up. Chemical, fertilizer. But now you add the fuel in, it hurts
00:21during the harvest. The machine behind me uses 200 gallons a day. So we'll harvest for about 30 days.
00:27So every day. Every day. So there's 6,000 gallons.
00:35Those prices hurt in that it's not just the harvesting, it's the hauling of everything.
00:40Moving the grain or the silage from the field to the farm and then from the farm to wherever
00:45they're selling it, someone's going to pay those hauling costs. And so those are all going to
00:49increase the diesel prices. They don't fill the tractor up each day by driving into town when
00:54they need more fuel. They buy large tanks, they store it on the farm. It's pretty common
00:58to store, you know, a thousand gallon tank on your farm or something like that. And then just pay for
01:02someone to fill it regularly. And so they watch the diesel prices and try to buy when the prices are
01:10low. And there was a dip earlier this summer. Maybe some bought then, maybe some didn't. The farmers who
01:16have bought it at the high prices are the ones most affected in terms of cash flow. They've got to
01:21come
01:21up with, you know, $6 a gallon or whatever it is.
01:26I try not to worry about it too much. We cut corners where we can and other places we just,
01:33you can't do it. So it's kind of like the weather. You can't control it and it's above your pay
01:38grade.
01:39You can vote like you say, but other than that, it's pretty much out of your control. That's one good
01:46thing about farming. Tomorrow will be different. The next day and the next day. So that's one thing I
01:51really enjoy about it.
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