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Ontario farmers struggle with increased fuel costs

Affordability is one of the most important issues facing voters ahead of the June 2nd election.

While housing makes up a large part of the discussion, gas prices and the price of food are also key in our day-to-day lives. And the two are closely linked.

Peggy Brekveld, President of the Ontario Federation of Agriculture tells us farmers have been hit hard by the surge in the price of gas.

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Brekveld says to avoid increasing prices more than need be, farmers eat some of the costs.

She added fuel costs go hand in hand with how they grow food.

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Soybeans and corn were mostly firm Wednesday | Market Minute for 1/3/24

Video: Soybeans and corn were mostly firm Wednesday | Market Minute for 1/3/24

Brownfield Commodity Market Reporter John Perkins has your look at the mixed finishes in soybeans, corn, cattle, and hogs, along with the losses in wheat.

- March corn $4.65 and ¼ up 1 and ½ cents

- January soybeans $12.69 and ½ down 4 and ½ cents

- January soybean meal $381.00 up $2.10

- January soybean oil 48.10 up 31 points

- March Chicago wheat $6.00 and ¼ down 6 and ½ cents

- February live cattle $171.85 down $.07

- February lean hogs $65.30 down $.02