Kim Chipman and Megan Durisin

Business, Fuel

Diesel’s Surge, Scarcity Creates Issues for Farmers

Fuel A worker sweeps after unloading corn from a grain truck in Princeton, Ill. (Daniel Acker/Bloomberg News)

Farmers from Iowa to Ukraine are grappling with surging diesel prices and an unsteady supply, forcing them to spend unprecedented sums on fuel in a chaotic market and raising concerns about the autumn harvest.

May 19, 2022
Business, Logistics

Wheat Price Surge Threatens to Speed Up Food Inflation

Wheat Prices Set to Soar Ears of wheat during a harvest. Global wheat prices jumped after the U.S. shocked markets earlier in the month with a huge cut to Russia’s crop estimate. (Chris Ratcliffe/Bloomberg)

Benchmark wheat in Chicago climbed above $8 a bushel for the first time in almost nine years amid growing inflation pressures that threaten to raise already soaring food prices worldwide.

November 1, 2021