AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email CALGARY – Not everything is a negative when it comes to the lower price of oil; Canada’s farmers are reaping the benefits of lower fuel costs.The plunge in the price of gasoline and diesel is helping ease the pain of low grain prices for growers and boosting profits for cattle ranchers.Farmers need fuel for their tractors and other equipment — it’s one of their biggest expenses.Lynn Jacobson, president of the Alberta Federation of Agriculture, says on his southern Alberta farm he normally spends 50- to 60-thousand dollars a year on gasoline and diesel.He estimates his savings this year could be in the neighbourhood of 10-thousand dollars.Gary Stanford, who has a farm southwest of Lethbridge, figures his fuel costs could be about 30 per cent lower this year.Stanford, however, is now worried the federal government might want to raise taxes to recoup some of the revenue it’s losing.(The Canadian Press) by News Staff Posted Feb 1, 2015 7:07 am MDT Farmers benefiting from oil price downturn

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