Across the globe, geopolitical events are hitting U.S. farmers where it hurts: fuel.
Tension between Israel and Iran has the oil markets spooked. Energy analysts were predicting a slow summer for fuel prices, but those estimates are gone.
The national average for a gallon of diesel has gone up $0.04 over the last week, holding around $3.48, but increases are not likely to stop there. GasBuddy’s Patrick DeHaan says diesel could climb $0.15-$0.25 per gallon in the coming days.
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Year-round E15 remains on the table, but procedural caution and competing regional interests pushed action into a slower, negotiated path.
Strong production and rising stocks may pressure ethanol margins unless demand or exports continue to improve.
Without additional support, many soybean operations will continue to face financial stress as they prepare for the 2026 crop.
Corn, Biofuels Groups Frustrated as Year-Round E15 Bill Stalls, Congress Forms Study Council Instead
Congressman Adrian Smith of Nebraska joined us with the latest on efforts to secure year-round E15 sales.
Moderate oil prices may ease fuel costs, but continued caution in the energy sector could limit rural economic growth.
Ethanol and corn groups are not hiding their disappointment over new reports that the bill to allow year-round E15 sales failed as Congress forges ahead on government funding, with another shutdown looming.
