Running harvesters has been more expensive lately, with diesel prices up due to uncertainty in the Middle East. However, those oil markets took a dive overnight after a ceasefire was announced by the White House and confirmed by Iranian state TV.
Details of that agreement are limited, but West Texas intermediate crude oil fell as much as eight percent overnight, landing at its lowest level in a week. President Trump announced a ceasefire yesterday evening after an attack on a U.S. base in Qatar. Analysts say that the attack was largely symbolic and did not do much damage, leading to the sell off.
The price for a gallon of diesel is up $0.16 over the last week. GasBuddy shows it is holding around $3.64 per gallon. Diesel prices have a wide range across the U.S. right now, with the most expensive at $4.55 per gallon, down to $3.08 a gallon.
Higher biofuel mandates boost long-term crop demand, but a tighter D4 market may pressure biofuel feedstocks and pose new soybean oil demand risks.
April 30, 2026 07:00 AM
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According to a tweet from Rep. Anna Paulina Luna, the full House vote on the Farm Bill will be held until lawmakers return from recess.
April 29, 2026 02:50 PM
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The House is moving forward with debate on the Farm Bill after a lengthy session in the House Rules Committee cleared the legislation for floor consideration.
April 29, 2026 11:28 AM
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House lawmakers push toward a Farm Bill vote as debate grows over E15, Prop 12, and input costs, with farmers seeking certainty and policy updates.
April 28, 2026 02:42 PM
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Diesel has eased for now, but the larger 2026 energy outlook still points to elevated fuel costs.
April 28, 2026 08:00 AM
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RFA President and CEO Geoff Cooper joined us to discuss the proposed E15 amendment in the Farm Bill, industry reaction to the legislation, and the outlook for year-round E15 sales.
April 24, 2026 01:05 PM
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