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K-State economist sees diesel prices reaching $7 next year

Thursday, September 24, 2026 • 1 PM

Photo by Brownfield's Brent Barnett.

A Kansas State University ag economist projects diesel prices could hit $7 in 2027.  

“Farmers are in a really, really bad situation here.”

Gregg Ibendahl says if global production and refinery issues were solved today, it would take an additional 12 months for major price improvement, and farmers are limited in their options.

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