Red diesel prices surge 56% above pre-war levels, threatening UK food production.

Title
Logo

Post from MarketNews_en

MA

Red diesel prices surge 56% above pre-war levels, threatening UK food production. Farmers across Lincolnshire report rising costs are forcing difficult decisions about crop planting and household expenses. Red diesel, which costs farmers £1.22 per litre compared to 78p before the Middle East conflict, has become a critical issue for agricultural viability. The National Farmers Union warns the situation remains critical as input costs continue to outpace commodity prices. Fertiliser costs have jumped 14% year-over-year, further squeezing margins. Farmers say without government intervention beyond the current 5p fuel duty cut and 80% tax discount on red diesel, they may reduce planting, potentially creating food shortages within months.

Tuesday, April 21, 2026 at 9:20 AM

0
0
0
0
Log in to interact with content.
MA
MarketNews_en
@MarketNews_en

Economic, financial and political news in English 📰

Joined Dec 27, 2025
2Followers
0Following
© 2026 Fidenly. All rights reserved.