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EU farm output prices fell 5.8% in Q2 2026 while input costs rose 4.7%, squeezing margins. Milk prices dropped 16.6% and energy costs surged 22%, sparking farmer protests and a EUR540 million EU support package.
"It could mean the end of the family farm if input costs stay high," Kewaunee County farmer Clark Riemer said about the rising cost of gas and tariffs.
According to AAA, Missouri diesel hit $5.91 a gallon last month, which is $2.50 more than a year ago. Those record prices are squeezing Missouri farmers, testing the state's cattle-and-crop economy and raising concerns about fertilizer costs.