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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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Major reports can cause sudden market shifts

Major reports can cause sudden market shifts

As we saw with the August WASDE report, sudden surprises can cause the grain prices to jump up at a moment’s notice. With the right preparations, farmers can take advantage of those price rallies to get premium prices for their stored grain. Michael Weidner, director...

U.S.-Canada trade negotiations are vital to agriculture success

U.S.-Canada trade negotiations are vital to agriculture success

U.S. farmers and ranchers are paying close attention to the negotiations on the U.S.-Mexico-Canada Trade Agreement. Virginia Houston, the senior director of congressional affairs for the American Farm Bureau Federation, highlights the vital roles Mexico and Canada...

Active August weather could boost Iowa crops

Active August weather could boost Iowa crops

Strong thunderstorms rolled through Iowa on the opening morning of the Iowa State Fair, putting the weather front and center. While the storms may not have been what fairgoers wanted to see, the broader weather pattern could be arriving at a good time for Iowa crops....

August WASDE report drove U.S. grain prices higher

August WASDE report drove U.S. grain prices higher

Overnight news of attacks on two Russian shipping ports had the markets higher to start the day, and the August WASDE report brought a few surprises that allowed to grain markets to hold on to those gains and go even further. Allendale commodity broker Greg McBride...

Lower disease pressure gives Iowa corn growers more flexibility in 2026

Lower disease pressure gives Iowa corn growers more flexibility in 2026

Now that we are in the stretch run of the growing season, it won’t be long until corn growers fire up their combines and begin harvesting. However, there are still a lot of things that farmers can do the rest of the growing season and during harvest to optimize their...

Trump administration weighs diesel export ban

Fertilizer, diesel costs remain elevated heading into fall

Fertilizer and diesel prices remain well above recent-year levels, adding pressure to farmers making fall input decisions for the 2027 crop. USDA data analyzed by the University of Illinois shows anhydrous ammonia averaged $915.50 per ton on August 7, up 16 percent...

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