Australia – Fuel adding to all farm costs: SAFF

The South Australian Farmers Federation (SAFF) says high fuel prices are driving up the cost of nearly every aspect of farming, and could even affect interest rates.

The Federation has given a submission today to a select committee on the impact of peak oil.


Federation president Peter White says while petrol has fallen in price recently, diesel has not, and diesel is the main fuel used in farming.

He says high fuel costs drive up freight costs, which can affect interest rates.

“Almost everything that you can think of has a freight component, and freight is one of the big drivers of inflation,” he said.

ABC