We have talked about the cost of inputs in the past, and that no matter if the prices of one input are going down, there will be a higher input somewhere else. We have seen fertilizer price spikes and retreats after the pandemic exposed supply chain issues. However, one input cost that is still high is diesel fuel.
The prices and supplies of diesel have not been great since the pandemic eased. Demand remains high, and so do prices. Erin Wroge is the Senior Product Manager for CHS Refined Fuels. She says farmers need to strategize for the future.
Farmers are always in strong demand for diesel fuel, and they have competition.
Farmers are encouraged to make strategic plans now, so they are ready for the spring planting season.
Ag is working toward more sustainable fuel options for the future, but that is the nature of our business.
