Rising prices and inflation hit North Texas farmers and ranchers hard

As inflation continues to soar, local farmers and ranchers are feeling the pinch as the price to grow and sustain their products continues to increase.

-

And for diesel, it's also a burden to pay for right now."We used to order in a 2,000 gallon load of diesel for farm fuel for around $4,500. Now you're looking at $10,000 for that same load," said Beakley. "Total production costs have gone up 30 to 35% since last fall, so unfortunately we have to pass that on to the consumer," said Ashcraft.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CBS DFW /  🏆 542. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Lincoln Park residents meet with Chicago police over rising crime on North SideFrom thefts to shootings, residents of Lincoln Park met with police to discuss public safety following a recent rash of crime on the North Side.
Read more »

Two beachside homes collapse from rising waters on North Carolina's Outer BanksTwo beachside homes in North Carolina's Outer Banks collapsed from high water levels and beach erosion on Tuesday, and more could collapse in the coming days, according to the Cape Hatteras National Seashore.
Read more »

USD/JPY Price Analysis: Six-week-old rising channel defends bulls above 130.00USD/JPY Price Analysis: Six-week-old rising channel defends bulls above 130.00 By anilpanchal7 USDJPY Technical Analysis ChartPatterns SupportResistance TrendFollowing
Read more »

US Dollar Index Price Analysis: DXY retreats from 104.00, rising wedge eyedUS Dollar Index Price Analysis: DXY retreats from 104.00, rising wedge eyed By anilpanchal7 DollarIndex RiskAppetite Chartism SupportResistance SwingTrading
Read more »

Headline Inflation Slowed to 8.3% in April, But Core Inflation Keeps RisingBitcoin ($BTC) was falling after a government report showed that the 12-month U.S. inflation rate slowed to 8.3% in April. Core inflation rose 0.6% from the prior month, faster than expected and double the prior month's rate HeleneBraunn reports
Read more »

Fashion Group International Salutes Rising Star Award WinnersA sellout crowd of 300-plus celebrated the winners of the Fashion Group International’s Rising Star awards Tuesday afternoon.
Read more »