Diesel Prices Lower

It looks like farm diesel is lower in cost than it has been in almost 4 years. That’s a good thing as we use lots of fuel on the farm.  Here is an interesting report by Amanda Smith, UGA Extension Ag Economist, concerning farm diesel prices.

These are the monthly farm diesel prices for the Southern Atlantic states from 2011-2014.  Compared to the previous four years, diesel prices have been more stable. Prices have ranged from a low of $3.13 to a high of $3.86 per gallon.  There appears to be some seasonality to diesel prices as you can see price fluctuating up and down throughout each year.

These are farm diesel prices for the Southern Atlantic states from 2011 through 2014 with average prices for each year listed above the chart. The seasonality of diesel price is more apparent in this slide with higher prices during spring and fall…