Energy
President Donald Trump says Russia will supply millions of tons of diesel fuel to global markets in a deal he expects to lower prices for farmers, ranchers, and truckers.
Ethanol exports reached a five-month high as distillers grains shipments hit an 11-year high.
The proposed extension would keep the small producer credit in place through 2029.
Shaun Haney says U.S.-Canada trade tensions have entered a “slow roll,” leaving businesses and farmers uncertain about the future of USMCA.
The order suspends penalties for highway use of dyed diesel through the end of the year.
A bipartisan Senate bill would also seek to speed up permitting for energy and infrastructure projects.
Farmers who bought fertilizer early for the 2026 crop may not have the same advantage next year.
Industry officials expect few supply issues unless widespread grain drying drives a surge in demand.
Researchers say existing methanol-capable ships could consume about 2 billion gallons of ethanol annually.
Farmers could spend thousands more on diesel despite new federal relief aimed at fuel costs.
The proposal would require data centers and other large users to cover infrastructure costs tied to their projects.
USDA reported stronger year-over-year corn use for ethanol and soybean processing.
President Donald Trump plans to sign an executive order to lower diesel costs, including expanding access to tax-exempt dyed diesel as farmers face high harvest fuel prices.
Ohio’s 90-day fuel-tax suspension provides temporary relief as farmers work through harvest, but Brad Bales with the Ohio Farm Bureau says longer-term solutions are needed to address higher production costs.
States are easing red diesel penalties while ethanol production and stocks move lower.
Weekly ethanol output fell to its lowest level since January as inventories continued to decline.
