USDA Grain Transportation Report (7/14): Diesel Price Drops by 10.7 Cents
From the week ending July 4 to the week ending July 11, the average U.S. diesel fuel price dropped 10.7 cents to $5.568 per gallon, according to data from the Energy Information Administration (EIA).
Diesel prices have dropped by 21.5 cents since the week of June 27.
Nonetheless, diesel prices are still $2.230 above the same time last year.
In the grain-producing Midwest, diesel prices have dropped by 22.5 cents in the last two weeks.
At $5.542 per gallon, this week’s Midwest diesel prices are $2.281 above the same time last year.
This article comes from the U.S. Department of Agriculture's (USDA) July 14, 2022, Grain Transportation Report.
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