Record-high diesel prices are squeezing American farmers during harvest season, raising the risk that higher production costs could eventually hit consumers at the grocery store.Pivot Bio CEO Chris Abbott joined FOX Business’ Taylor Riggs on "Mornings with FOX Business" to discuss how rising diesel and fertilizer costs are pressuring farmers and threatening to push food prices higher.Diesel prices have climbed to a national average of $6.51 per gallon as global supply disruptions tied to conflicts in Iran and Ukraine strain fuel markets. U.S. farmers depend heavily on diesel to run tractors, c...
CEO warns high diesel costs could trigger a 'vicious cycle' of surging food prices
HALO Newsroom
Sep 24, 2026 • 4 weeks ago
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Wayne G Fraser
HALO Contributor
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Insurance Industry
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Georgia, North Carolina, South Carolina
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17934945