The most recent data from the U.S. Energy Administration shows the price of No. 2 Diesel has decreased sharply since June (from $5.745 per gallon to $4.993 per gallon as of September), but remains higher than the previous record high set in 2008 ($4.703 per gallon).
Source: By Bruce Erickson and Alan Miller, Purdue University
Growing an acre of corn, soybeans, or wheat in 2012 will likely cost much more than in 2011, Purdue University economists Bruce Erickson and Alan Miller say.
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