Gasoline and Diesel Weekly: Farm Diesel Steady as Gasoline and Highway Diesel Firm

May 21, 2013 04:32 AM
 

Farm Diesel -- nozzle

Farm diesel fell $0.002 during the report week to $3.425/gallon according to Inputs Monitor data.

Kansas and Nebraska continue to battle for the lowest farm diesel price in the Midwest with Nebraska unchanged at $3.29, edged out by a penny by Kansas where farm diesel is also unchanged at $3.28/gallon.

All movement -- both to the upside and downside -- was within a nickel with the exception of a 7 cent move upward in Michigan to $3.53 and a 6 cent addition in Illinois to $3.53.

These prices suggest a seasonal low may be in place. Half of the states in the Index are unchanged with only two of twelve posting increases. Consult your budget and your local pricing as now may be a good time to book some farm diesel for sidedress or for fall.

Farm Diesel 4/24/13
Three Weeks Ago
Previous Week
Current Week
Change
Iowa
not reported
not reported
$3.33
 
Illinois
$3.46
$3.47
$3.53
+$0.06
Indiana
$3.49
$3.55
$3.55
unchanged
Wisconsin
$3.44
$3.41
$3.40
-$0.01
Minnesota
$3.39
$3.43
$3.42
-$0.01
South Dakota
$3.42
$3.43
$3.43
unchanged
North Dakota
$3.61
$3.60
$3.60
unchanged
Nebraska
$3.25
$3.29
$3.29
unchanged
Missouri
$3.43
$3.42
$3.37
-$0.05
Kansas
$3.32
$3.28
$3.28
unchanged
Ohio
$3.36
$3.36
$3.36
unchanged
Michigan
$3.48
$3.46
$3.53
+$0.07
Midwest Average
$3.422
$3.427
$3.425
-$0.002

 

Gasoline-

The average retail price for regular gasoline rose 7 cents nationwide to $3.673/gallon -- $0.042 below year-ago.

East Coast gasoline up $0.005 to $3.489; Midwest adds $0.188 to $3.866; Gulf Coast $0.028 higher to $3.392; Rocky Mountain adds $0.112 to $3.672, and the West Coast moves $0.014 higher to $3.952.

Highway Diesel --

The national average price of highway diesel moved $0.024 higher, ending the report week at $3.890 -- $0.066 below year-ago.

East Coast $0.006 higher to $3.871; Midwest highway diesel adds $0.025 to $3.934; Gulf Coast $0.036 higher to $3.775; Rocky Mountain regional diesel firms $0.026 to $3.848, and West Coast highway diesel moved $0.039 higher to sport a $4 handle at $4.008.


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