Corn Matters
Minnesota Corn Growers Association Senior Director of Public Policy Amanda Bilek offers clarity on diesel fuel and truck weight questions. Click here.
Articles tagged under: diesel
Diesel Tax Relief Offers Limited Farm Savings
Temporary diesel tax relief may provide less savings than farmers might expect. The Internal Revenue Service will suspend enforcement related to highway use of red-dyed diesel through the end of the year, while penalties will also be waived. NDSU Assistant Professor…
U.S. to Source Diesel Fuel From Russia
Oil prices moved lower this morning after President Donald Trump announced an agreement for Russia to supply diesel fuel to the United States and global markets. "That is a big deal," Trump told reporters. "I want to thank President Putin,…
High Input Costs Continue to Squeeze Farmers
American Farm Bureau Federation Vice President of Public Policy and Economic Analysis John Newton said stronger commodity prices have not been enough to offset rising expenses. Congress is considering another farm assistance package during the lame-duck session. Newton also pointed…
Diesel Costs Take a Bigger Bite Out of Farm Budgets
High diesel prices are consuming a significantly larger share of farm operating expenses. North Dakota Agriculture Commissioner Doug Goehring said fuel costs that once represented four to five percent of overall operating costs are now closer to ten percent. The…
Red Dye Diesel Decision Announced
President Donald Trump has signed an executive order providing immediate relief for high diesel costs. "I'm announcing another unprecedented step to bring down costs," Trump told a Nebraska audience. "For many years, farm vehicles, construction equipment, and other off road…
G7 Releases Energy Reserves
The G7 nations will release up to 100 million barrels of crude oil and diesel fuel over the next four months to address the current diesel shortage. President Trump had called on European countries to release the petroleum products from…
Sticker Shock
Six-dollar diesel is hitting farmers at one of the worst possible times. AgCentric Executive Director Keith Olander said many farmers locked in spring fuel needs, but not fall diesel. “The sticker shock is there and you don’t have a choice,”…
Addressing High Diesel Costs in ND, SD
North Dakota Governor Kelly Armstrong and South Dakota Governor Larry Rhoden are responding to the high diesel fuel costs in their respective states. Armstrong’s executive order expands the use of red dyed diesel fuel for farmers and ranchers. This version…
Competing With the World for Tight Diesel Supplies
Record diesel prices are adding another major expense for farmers during harvest. International Services Incorporated Chief Growth Officer Jay Aldibert said the United States produces more diesel than it consumes, but overseas buyers are competing for that supply. Russia has…
