Washington Examiner quoted IFPRI Research Fellow Emeritus Joseph Glauber in the article on the impact of fuel prices on food prices. Glauber said that diesel prices “absolutely” have a significant impact on food prices. “So much of the cost is after it leaves the farm, so that’s where diesel comes in,” he explained. Glauber also noted that the prices farmers receive for their crops account for only about 25% of what consumers ultimately pay for food at the grocery store.
The threat of higher diesel prices to grocery bills (Washington Examiner)
September 11, 2026