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.
EPA Administrator Lee Zeldin, in consultation with the U.S. Department of Energy and under the Clean Air Act, approved the temporary measure to help stabilize fuel supplies and reduce costs for consumers.
March 25, 2026 01:16 PM
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As farmers and ranchers navigate rising input costs, lawmakers are considering a roughly $15 billion aid package to help, which would be tied to the spending bill for the war with Iran.
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Policy clarity will determine the trajectory of soybean crush demand, but producers in Kansas have shown that expanding local crush capacity strengthens basis and marketing options.
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EPA Administrator Scott Mason shares updates on farm equipment regulations, regional accomplishments, and federal efforts supporting agriculture in honor of National Ag Day.
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Crush demand is supporting soybeans despite biofuel uncertainty.
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Export growth remains key for grain profitability.
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