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Trump administration weighs diesel export ban

Trump administration weighs diesel export ban

Record-high diesel prices are pressuring farmers heading into harvest, and the Trump administration is considering whether restricting diesel exports could provide relief. Treasury Secretary Scott Bessent says officials are examining whether a full or partial export ban is feasible. Reuters added that President Donald Trump has called for stopping some diesel exports. AAA data put the national average diesel price at more than six dollars and fifty cents a gallon this week, up sharply from a...

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Oil prices move lower in response to peace talk rumors

Oil prices move lower in response to peace talk rumors

After weeks of steady improvement, oil prices traded lower to start this week as they were down 4-5% in Monday’s trading action. Patrick DeHaan, senior petroleum analyst at Gasbuddy.com, said the markets are likely hopeful that the Trump administration is going to...

Naig warns against rushing fall applications

Naig warns against rushing fall applications

Recent rains have delayed harvest across Iowa, but the wet conditions are also putting more attention on water quality and how farmers manage nutrients and conservation practices heading into the fall. Iowa Secretary of Agriculture Mike Naig says the recent rainfall...

USDA moving to modernize farm loan programs

USDA moving to modernize farm loan programs

The USDA is making efforts to streamline the farm loan process, but that’s only one piece of the puzzle that is the current farm economy. The changes to the farm loan program come as farmers face increasingly tight profit margins and greater credit demand. Danny...

ARC and PLC enrollment underway

ARC and PLC enrollment underway

Enrollment is open now for acreage in the ARC or PLC safety net programs. USDA Farm Production Undersecretary Richard Fordyce says enrollment is open through early December for farmers to choose either program. Fordyce explains the ARC safety net program. He says that...

South American Weather and Crop Update (9-22-26)

South American Weather and Crop Update (9-22-26)

As planting for the next crop season continues in South America, a shift to a rainier weather pattern is providing a boost to the crops that are in the ground already. Allendale commodity broker Greg McBride gave an update on the latest conditions in Brazil and...

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Trump administration weighs diesel export ban

Trump administration weighs diesel export ban

Record-high diesel prices are pressuring farmers heading into harvest, and the Trump administration is considering whether restricting diesel exports could provide relief. Treasury Secretary Scott Bessent says officials are examining whether a full or partial export...

USDA moving to modernize farm loan programs

USDA moving to modernize farm loan programs

The USDA is making efforts to streamline the farm loan process, but that’s only one piece of the puzzle that is the current farm economy. The changes to the farm loan program come as farmers face increasingly tight profit margins and greater credit demand. Danny...