Breaking News Bar
updated: 10/9/2012 2:35 PM

High gas, diesel prices hurt California farm industry

hello
Success - Article sent! close
  • The ExxonMobil refinery in Torrance, Calif., is seen Monday. For the third straight day, the California statewide average price for a gallon of regular rose to an all-time high, hitting $4.668, according to AAA.

      The ExxonMobil refinery in Torrance, Calif., is seen Monday. For the third straight day, the California statewide average price for a gallon of regular rose to an all-time high, hitting $4.668, according to AAA.
    Associated Press

 
Associated Press

FRESNO, Calif. -- Farmers in California's Central Valley say record high gas and diesel prices are putting pressure on their bottom lines.

But economists say it's unlikely that will translate into significantly higher food prices in the U.S.

Order Reprint Print Article
 
Interested in reusing this article?
Custom reprints are a powerful and strategic way to share your article with customers, employees and prospects.
The YGS Group provides digital and printed reprint services for Daily Herald. Complete the form to the right and a reprint consultant will contact you to discuss how you can reuse this article.
Need more information about reprints? Visit our Reprints Section for more details.

Contact information ( * required )

Success - request sent close

The rise in gas prices has slowed, but the price Tuesday was still a state record and the highest in the nation. Regular gas in the state averaged a little over $4.67 a gallon. The price for diesel averaged $4.38 per gallon as of last week.

Farmers say they're spending more to refuel farm equipment and have to pay fuel surcharges to people mechanically harvesting or transporting their produce.

California's Central Valley produces much of the nation's fruit, vegetables, nuts and dairy products. But economists say customers shouldn't expect food prices to rise more than a few pennies on the dollar, because fuel is only a small percentage of the cost of farming.

Share this page
Comments ()
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the X in the upper right corner of the comment box. To find our more, read our FAQ.
    help here