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Posted October 17, 2014Today in Energy

Energy for growing and harvesting crops is a large component of farm operating costs ›

The U.S. agriculture industry used nearly 800 trillion British thermal units (Btu) of energy in 2012, or about as much primary energy as the entire state of Utah. Agricultural energy consumption includes energy needed to grow and harvest crops and energy needed to grow livestock. Crop operations consume much more energy than livestock operations, and energy expenditures for crops account for a higher percentage of farm operating costs. More


Source: 2013 Agricultural Resource Management Survey (ARMS)

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Data Highlights

WTI crude oil futures price

10/16/2014: $82.70/bbl

down$3.07 from week earlier
down$19.59 from year earlier

Natural gas futures price

10/16/2014: $3.796/mmBtu

down$0.049 from week earlier
up$0.027 from year earlier

Weekly coal production

10/11/2014: 19.234 million tons

up0.670 million tons from week earlier
up1.256 million tons from year earlier

Natural gas inventories

10/10/2014: 3,299 Bcf

up94 Bcf from week earlier
down344 Bcf from year earlier

Crude oil inventories

10/10/2014: 370.6 mmbbl

up8.9 mmbbl from week earlier
down4.0 mmbbl from year earlier

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