The price of green diesel has reduced following the steadying of prices in the middle of July. However, there are still some weekly fluctuations.

Farmers are securing loads of green diesel for between 75c/l and 78c/l including VAT. The price eased during the month of July on the back of high prices.

The further drop in price follows the trend of oil prices, as oil is currently $69/barrel, down from a high of $80/barrel in May.

As mentioned in last week’s column, oil prices will be very difficult to predict in the months ahead, with lots of factors at play.