Think it was 5% patronage, so 2.5 cents back besides. I am sure there are volume considerations in some black book. Any body ever hear about how much? Coop always had a 1 cent cash discount so now amounts to 2%.
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The local Co-op that I've done business with for decades doesn't have access to summer grade fuel (long story) so I have to get it from a neighboring Co-op. The relationship with the usual one is excellent.
I do beleive Co-ops have a tiered discount system based on volume called the BRIC system.
Regardless of what the barrel of oil does, I can see prices rising from these levels especially when we hit peak demand season.
Think of all the fuel that was saved from this mild winter. Highways and R.M.s haven't had to plow much snow, in fact our R.M. hasn't been out once(that I know of). For anyone on heating fuel--reduced usage as well. Slowed oilfield activity...less demand.
All in all, a welcome price break.Comment
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mallee.... what is the price of farm fuel in Oz?Comment
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Farmaholic
Think of how much storage has been put up on farms to help out federated. Passing that cost to end users again.
There should be good prices now and well into the future. The refineries have booked their input needs well into the future at low prices.
It only took a year to reduce pump prices.
No reason that can't hold for lower pump prices as well.Comment
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Bucket: They must be following the fertilizer manufacturer's model...Comment
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Oil is back under $30 so I would assume the diesel fuel prices are staying steady or slowly declining.
How much below 50 cents diesel fuel will go is the question.Comment
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