Lower energy costs to save farmers $5 billion this year

“Lower energy prices are expected to lead to lower total production expenses by the agricultural sector,” say USDA economists, with savings of $5 billion, or 8 percent, this year and $5 billion in 2016, also an 8-percent savings. Farmers would spend about $60 billion on energy, much of it indirectly in fertilizer and pesticides and… » Read More

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