Railroad and Maritime Trade
Farm CPA Paul Neiffer said farmers and truckers should check federal updates and rules in every state where they operate before changing their fueling practices.
Below-normal inventories are expected to keep pressure on diesel prices through the winter.
OOIDA’s Lewie Pugh says varying state rules and highway fuel-tax obligations could limit the benefits of Trump’s temporary red-dyed diesel order for truckers.
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.
Wet weather has delayed harvest, forcing some processors to pay more for available local soybeans.
Researchers say existing methanol-capable ships could consume about 2 billion gallons of ethanol annually.
Iowa processors are bringing in soybeans by rail as wet weather slows harvest.
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.
Improved water levels are allowing more vessels and deeper loads through the Panama Canal.
Winning bids averaged about $1.3 million as demand for 2027 grain rail capacity increased.