Iran Ceasefire Holds as Energy Markets Stay Volatile

While a ceasefire remains in place, overnight missile attacks are raising questions about its stability.

WASHINGTON, D.C. (RFD NEWS) — President Donald Trump is expected to discuss trade and the ongoing conflict with Iran during a Cabinet meeting at the White House today, after weather concerns forced the gathering to be moved from Camp David.

While a ceasefire remains in place, overnight missile attacks are raising questions about its stability.

Energy markets are reacting cautiously, with crude oil prices remaining below $100/barrel and the national diesel average slipping another cent overnight.

The pork industry says fuel and transportation costs tied to the conflict continue to pressure operations, though export demand has largely remained steady.

USDA trade data show that pork exports to several Middle Eastern markets weakened in March, with shipments to Egypt down 9 percent.

Related Stories
Nebraska Soybean Board Vice Chairman Greg Anderson says expanding biodiesel production is creating new opportunities for soybean growers and adding value closer to the farm.
National Farmers Union President Rob Larew and National Potato Council CEO Kam Quarles discuss the Senate Farm Bill, farm safety-net priorities, supplemental aid, year-round E15, support for specialty crops, and federal agricultural policy.
Canada and Mexico have both expressed support for renewing the agreement, but questions remain as the review continues.
Rep. Monica De La Cruz says she’s working to make Mexico’s water obligations part of USMCA negotiations.

LATEST STORIES BY THIS AUTHOR:

New actions aim to speed pesticide approvals, expand regenerative agriculture incentives, and strengthen farm profitability.
Shaun Haney joins us to discuss falling diesel prices, implications for farm operating costs, and ongoing discussions surrounding fuel pricing policies.
Tariffs on combines, harvesters, and some farm equipment will be reduced to 15% until 2028.
The agreement establishes a new system to monitor water deliveries to Texas and sets limits on how far Mexico can fall behind on its treaty obligations.
ASFMRA’s Paul Burgener shares updates on the Hunggate Fire, Panhandle wildfire conditions, infrastructure damage and potential impacts to agriculture in the region.
The analysis models how trade disruptions in the Strait of Hormuz may continue to drive up the cost of fertilizer.