Storage, frequency of purchases, and inelastic diesel demand: the 2022 RealAgristudies Diesel Survey

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Larger farms store a greater portion of fuel needs at any given time, and most farmers don’t shop prices before a fill up. Those are just two findings of the latest RealAgristudies survey, answered by 750 members of the Insights Panel in mid-May, 2022. Co-founders of RealAgristudies, Shaun Haney and Justin Funk, explore the questions and answers of the latest survey in a 30 minute video, highlighting the interesting findings regarding farmers’ buying habits, storage of fuel, and managing the risks of price increases and theft. As Funk explains, buying diesel fuel is a frequent farm purchase — happening more…

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