As planting season pushes on, fuel bills are getting cheaper.
Diesel has fallen nearly $0.03 per gallon over the last week. The nationwide average is around $3.51. Gasoline prices have also fallen, for the second straight week, coming down around $0.04 since last week, and holding at around $3.10 per gallon.
Analysts with GasBuddy say higher than normal volatility is likely to stick around for some time, but they note Americans are spending around $200 million less on fuel than this time last year.
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Higher production and exports continue providing an important source of demand for U.S. corn.
USDA reports higher corn use for ethanol and increased soybean processing compared with last year.
Shrimpers and dock operators are facing higher fuel costs and weak prices as the fall season approaches.
The setback leaves the 2018 Farm Bill operating under its third consecutive extension. That authorization expires September 30.
