These costs were highest in the Southeast ($2.30 per mile) and lowest in the West ($2.16), but elevated everywhere by high fuel costs, which made up 28% of the total calculation, and driver wages, which made up 32% of the total calculation.ĭiesel fuel prices have come down roughly $2 per gallon since hitting their 2022 peak about a year ago, but anyone who's fueled up equipment lately will confirm that they're still pretty stiff.
That's up 21% over the previous year's marginal costs of $1.86 per mile. Trucking costs hit an all-time high in 2022, according to survey calculations released last month by the American Transportation Research Institute (ATRI), which showed total marginal costs of trucking at $2.25 per mile. That's why transportation costs are so critical to the health of the grain markets - when they are high, they damage the prices received by producers and sometimes simultaneously increase the prices paid by end users for products they may already be struggling to afford. Producers must also get that commodity into the hands of eager end users, whether directly from the farm or through a complex supply chain of intermingling and merchandising.
Growing a crop (or producing any commodity) is only about half the battle. Past spikes in grain transportation costs were caused by clear freight shortages.
0 kommentar(er)
