As planters get rolling, fuel could cost a little more this week.
Fuel prices are rising across the board. Diesel has gained a cent since last week, holding around $3.55 per gallon nationwide. The cheapest state for diesel is Texas, where it is right around $3.10 per gallon.
Gasoline prices have risen for the second consecutive week, gaining nearly $0.03 over the last week, and it is currently $3.11 per gallon.
GasBuddy says the gains are because of refinery issues, which could continue, and send gas prices up another $0.10-$0.35 over the next few months.
Related Stories
USDA Under Secretary Richard Fordyce says the department stands ready to provide technical assistance with the Farm Bill if Congress requests it.
Surging energy markets are quickly becoming a cost story for U.S. agriculture as crude oil climbs on supply fears tied to the Middle East conflict.
Strike risk adds volatility to already tight markets.
Fertilizer investigation may impact input costs and margins.
The American Coalition for Ethanol reacts as the Farm Bill heads to a full House vote — while ethanol expansion, including year-round E15, is left out — as well as the USDA’s pursuit of global markets for ethanol.
Big oils-and-fats volumes can support crush demand, but fuel markets can quickly tighten supplies.
