Infinite Menus, Copyright 2006, OpenCube Inc. All Rights Reserved.
KPAY ALERTS:
Connect :

 

KPAY News

CA Farmers say High Gas Prices are Causing Financial Pressure


FRESNO, Calif. (AP) - 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.  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.

On Air Now
Kim Komando  
Kim Komando
1:00pm - 4:00pm
Kim Komando
My Blog

Daily Buzz
61 percent of the National Council on Boy Scouts have agreed to open their ranks to gay boy scouts. Do you agree with the decision and what is your reaction ?
yes
no
Add a Comment
(Fields are Optional)
Name:
Email:
Your email address is never published.
View Results

KPAY Calendar




LinkedUpRadio Envisionwise Web Services