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.”
Duane Simpson, CEO of the National Council of Farmer Cooperatives (NCFC), joined us in Monday’s Market Day Report to share his perspective on the USDA’s plan and potential impact on producers.
September 29, 2025 12:17 PM
·
U.S. Farmers Navigate Harvest Pace, Costs, Policy Shifts
September 29, 2025 11:01 AM
·
Potash has seen the most significant decline, falling 11 percent over the same five-year period.
September 26, 2025 01:36 PM
·
Secretary Rollins’ plan targets high costs, labor challenges, and export growth, delivering relief at home while building markets abroad.
September 26, 2025 10:18 AM
·
Michigan corn farmer and NCGA Vice President-Elect Matt Frostic will lead the task force. He joined us on Thursday to share his insights on the escalating corn crisis.
September 25, 2025 01:46 PM
·
Midwest corn and soy producers are monitoring for disease and lower yields due to the ongoing drought over the last 30 days.
September 24, 2025 04:38 PM
·
Farmers should anticipate continued upward pressure on farm labor costs and monitor policy changes that may further impact hiring decisions.
September 24, 2025 01:01 PM
·
Kevin Charleston with Specialty Risk Insurance joined us Tuesday to share his perspective on farm safety and risk management during fall harvest.
September 23, 2025 04:33 PM
·
U.S. produce growers face a structural disadvantage—cheaper imports driving down prices while rising labor costs squeeze margins. Without new policies or technology, profitability remains uncertain.
September 23, 2025 04:09 PM
·
