Food Price Shock Warning as Fuel Fears Spark Farm Alarm
Farmers face fuel rationing and rising prices due to Middle East conflict disrupting shipping; National Farmers Federation warns food costs could increase 40-50%, officials say.
- On Tuesday, regional and rural Australia faces fuel shortages, with Queensland cattle farmer Layton Free rationing supplies and some farmers having about one week left.
- Shipping disruptions through the Strait of Hormuz have reduced incoming shipments amid the Middle East conflict, while refineries meeting contracted obligations cannot fulfill extra orders to regional retailers.
- Price indicators reveal national diesel stocks held 32 days as of Tuesday morning, while unleaded petrol passed $2 a litre and service stations in Kulin and Corrigin rationed fuel amid surging demand and strained distribution.
- National Farmers' Federation president Hamish McIntyre warned if constraints continue, costs on perishable goods could rise 40 to 50 per cent, while Amanda Rishworth and Chris Bowen urged calm, saying reserves are sufficient.
- Energy Minister Chris Bowen, Agriculture Minister Julie Collins and Industry Minister Tim Ayres planned to meet the National Farmers' Federation, oil companies and trucking industry on Tuesday, while G7 finance ministers and the International Energy Agency left Monday's meeting without releasing strategic crude reserves.
11 Articles
11 Articles
Middle East War hits home as panic buying threatens life in regional Australia
Farmers are sounding the alarm that if their access to fuel and fertiliser is impacted, their livelihoods are at risk and shoppers will feel the pain at the supermarket. They say fuel is running dry in parts of regional Australia, and it's largely driven by panic buying.
Warning fuel shortages could cause huge food price spikes for Aussies
Fuel shortages and price hikes are creating headaches for some Australian farmers. File photo: Getty Fuel is running low in regional parts of Australia as farmers warn shoppers could be in for a rude shock at the checkout.
'Hard not to panic': Australian farmers hit first as fuel supplies dry up
Some farmers say they only have a week of fuel left as shortages hit important farming areas first, raising concerns about supply issues Australia-wide.Fuel prices are soaring and supply is plummeting due to the ongoing conflict in the Middle East, with regional and rural Australians being hit the hardest.A Queensland cattle farmer has said he is beginning to worry about how his farm near Toowoomba will cope beyond this week if they do not recei…
Coverage Details
Bias Distribution
- 50% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium








