Diesel prices have hit an all-time high, impacting America's already struggling agricultural industry. With prices surging past $6 a gallon, farmers are paying more to fuel their tractors, combines and other equipment. John Boyd Jr., president of the National Black Farmers Association, joins NewsNation's Kellie Meyer to discuss the impact on farmers. "NewsNation Prime" is America’s source for unbiased news offering a full range of perspectives from across the U.S. Weekends starting at 7p/6C. #prime #farmers #diesel NewsNation is your source for fact-based, unbiased news for all Americans.
American Loggers Council Executive Director Scott Dane joins Stuart Varney to discuss how soaring diesel prices are impacting the timber industry. He warns that filling a logging truck now costs $1,350 as fuel expenses squeeze profits.
The record price of diesel threatens to stoke inflation at a time when consumers are already price-sensitive and businesses are reeling from higher costs due to trade tensions. Why it matters: Diesel is a key cost throughout the supply chain, meaning soaring prices could eventually show up in what consumers pay for everything from groceries to household goods. Driving the news: The national average price of a gallon of diesel topped $6 for the first time ever, AAA said Friday, Axios' Ben Berkowitz reports . - That's up 60% from a year earlier. Between the lines: Food prices could be among the first places consumers feel the ripple effects, executives said this week. - At grocery chain Kroger, which has been trying to keep a lid on…
Diesel prices in the U.S. has hit yet another record, soaring past $6 a gallon on average as Washington’s war with Iran disrupts the world’s flow of fuel
The national average price of a gallon of diesel jumped over $6 for the first time ever, AAA said on Friday. Why it matters: The fuel that runs the economy is getting more expensive by the day, costing businesses and consumers alike billions of dollars. - While the $6 threshold is more psychological than anything else, it points to months of continued pain for drivers, shippers and shoppers. Data: AAA; Chart: Ben Geman/Axios Driving the news: At $6.0556 a gallon, diesel is about 14% more expensive than it was a month ago and over 60% more than a year ago. - That is starting to show up in other prices, as has long been feared; inflation data out Thursday showed sharp spikes in transportation and warehousing costs, for example. Stunning…
The average American family spends over $10,000 a year at the grocery store, but that food is seemingly becoming less and less safe to eat. NewsNation's Anna Kooiman reports.
The FDA is currently investigating nine food-borne illnesses. The latest recalls include berries, sprouts and mangoes. This comes as the average American family is spending over $10,000 at the grocery store. Start your day with "Morning in America," NewsNation's live three-hour national morning newscast hosted by Markie Martin. Weekdays starting at 6a/5C. #MorningInAmerica NewsNation is your source for fact-based, unbiased news for all Americans.
