CHICAGO (RFD-TV) — As input costs continue to rise, diesel prices have held steady in recent weeks. Energy analysts at GasBuddy advise keeping an eye on some behind-the-scenes developments.
“So long as oil prices remain low, we have seen the U.S. rig count start to decline,” said Patrick Haan with GasBuddy. “In fact, the rig count is now below maintenance levels, meaning that there is the potential that the lower rig count we are seeing today will translate in time to a drop in U.S. oil production. That is something that oil companies will likely respond to the lower price of oil by cutting additional drilling.”
As of Thursday, September 25, AAA reports that the average cost of a gallon of diesel remains steady at $3.69. One year ago, that same gallon cost around $3.58. Gasoline prices are also seeing some action lately. A gallon currently costs $3.16, down from $3.21 per gallon last year.
Harvest is a diesel-hungry time of year—and while those prices could drop in the coming weeks, some states are still holding at more than $5 a gallon.
“Diesel prices… well, they’ve started to ease a little bit as well, though not as much as gasoline. Diesel prices,” Haan said. “Still, in Washington state, [diesel prices] are averaging about $5.04. That’s down about a penny in the last week. When it comes to gas prices, motorists need not be in any hurry to fill their tanks. I do expect that nine-cent decline in average prices will continue for the next couple of weeks.”
Joe Peiffer with Ag & Business Legal Strategies advises farmers on end-of-year financial planning, including preparing records, avoiding common credit mistakes, and evaluating equipment purchases for 2026.
December 08, 2025 04:43 PM
·
While this month’s WASDE report will not include updated figures on U.S. crop size, officials say it will offer a clearer picture of crop conditions in the Southern Hemisphere.
December 08, 2025 01:16 PM
·
Working capital is tightening for crop farms, increasing reliance on operating loans even as land values steady in the broader sector.
December 04, 2025 02:59 PM
·
Higher ocean freight raises export costs just as global grain competition intensifies.
December 04, 2025 02:50 PM
·
Strong plant output and rising exports contrast with softer domestic blending demand, suggesting margins are poised for volatility.
December 04, 2025 10:43 AM
·
The Environmental Protection Agency confirms that new single-fluorinated pesticides are not PFAS and remain fully compliant with current safety standards.
December 03, 2025 11:00 AM
·
Strong demand supports sweet potatoes, but grading challenges and rising costs weigh on returns for Southeastern growers.
December 02, 2025 06:17 AM
·
Late harvest and tight supplies shape crop progress and agribusiness this week. Here is a regional snapshot of harvest pace, crop conditions, logistics, and livestock economics across U.S. agriculture for the week of Dec. 1, 2025.
December 01, 2025 04:22 PM
·
AFBF Vice President of Public Policy and Economic Analysis, Dr. John Newton, explains the factors contributing to the growing financial strain in the ag sector and the urgent need for swift economic support.
November 25, 2025 12:40 PM
·
