Fuel bills have been lower recently, but oil saw some upward moves since the Fed cut interest rates last week. Officials with GasBuddy say several factors are at play, but they do not expect prices to continue their climb.
“So a lot of different wild cards. I don’t think oil prices are going to retest the sub-$70 barrel mark. We can head somewhere into the mid $70s for now, but that shouldn’t impact gasoline prices much simply because gasoline demand last week was rather sluggish, with GasBuddy data showing that U.S. gasoline demand last week fell by over two percent,” said Patrick DeHaan with Gasbuddy.com.
Right now, AAA has diesel at $3.58 per gallon, which is nearly $1 less compared to last year at this time. The nationwide average for gasoline is holding around $3.22 per gallon.
Brazil Potash CEO Matt Simpson discusses global fertilizer security, the importance of domestic production, and Brazil’s push toward fertilizer independence, which could impact market competitiveness.
Dr. Patrick Webb, Assistant Chief Veterinarian with the National Pork Board, discusses New World Screwworm biosecurity outside of cattle production.
President Trump’s appearance in Wisconsin coincides with National Dairy Month, placing additional attention on one of the nation’s leading dairy-producing states.
Brothers Luke and Jason Pullis say their passion for dairy farming starts with the cows themselves.
National Pork Producers Council’s Doug Frickey discusses this year’s event and what attendees are seeing on the expo floor.
AFBF economist Danny Munch joins us to break down the program’s eligibility requirements and payment structure.
