# FNB senior Agricultural economist, Paul Makube, says the latest fuel price cut has come at the right time amid elevated agricultural activity. Petrol has dropped by 22-cents a litre, while the two grades of diesel saw decreases of 42 and 41-cents a litre, following a decline in global oil prices due to oversupply and trade tensions. Makube says this will boost farmer profitability as fuel accounts for almost 13-percent of input costs in grain production:
Agricultural economist says the drop in fuel prices is a positive development for farmers [SOUND]
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