Friday, August 12, 2005

Economists Study Implications Of High Diesel Prices on Farming

Economists Study Implications Of High Diesel Prices on Farming 5/23/05:
Kansas State University -- May 23, 2005
MANHATTAN, Kan. -- Historically high diesel prices have producers thinking no-till farming looks better every day, but two Kansas State University agricultural economists studied the diesel price outlook and possible long-term impact on machinery and whole-farm costs.
Based on data supplied by Kansas Farm Management Association members, those members can expect their total fuel costs, excluding irrigation, in 2005 to increase by more than $3,000 compared to what they paid in 2004, said K-State Research and Extension farm management specialist Kevin Dhuyvetter.

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