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'VICIOUS CYCLE': Pivot Bio CEO warns food prices could RISE as diesel costs climb

Source: youtube.com

Energy Markets & PricesCommodities & Raw MaterialsEconomic Data
'VICIOUS CYCLE': Pivot Bio CEO warns food prices could RISE as diesel costs climb

Record-high diesel prices are increasing operating costs for U.S. farmers ahead of the harvest season, squeezing agricultural profitability. Pivot Bio CEO Chris Abbott said the higher fuel burden could affect farm operations and contribute to broader economic pressure, though the article provides no specific price or cost estimates.

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