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Articles tagged under: diesel

Diesel Tax Relief Offers Limited Farm Savings

Published Yesterday

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…
Top StoriesLatest NewsAg BusinessPolicy

U.S. to Source Diesel Fuel From Russia

Published October 12, 2026

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,…
Latest NewsMarketsAg BusinessPolicy

High Input Costs Continue to Squeeze Farmers

Published October 8, 2026

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…
Top StoriesLatest NewsPolicy

Diesel Costs Take a Bigger Bite Out of Farm Budgets

Published October 7, 2026

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…
Top StoriesLatest NewsAg Business

Red Dye Diesel Decision Announced

Published October 6, 2026

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…
Top StoriesLatest NewsAg BusinessPolicy

G7 Releases Energy Reserves

Published October 2, 2026

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…
Top StoriesLatest NewsAg BusinessPolicy

Sticker Shock

Published October 2, 2026

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,”…
Top StoriesLatest NewsAg Business

Addressing High Diesel Costs in ND, SD

Published September 30, 2026

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…
Latest NewsAg BusinessPolicy

Competing With the World for Tight Diesel Supplies

Published September 23, 2026

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…
Top StoriesLatest NewsMarketsAg Business

Diesel Spike Hits at the Worst Possible Time

Published September 22, 2026

The global diesel crunch is hitting farmers just as fuel demand ramps up for harvest and fall fieldwork. South Dakota Farm Bureau Federation President Scott VanderWal said the price increase is a significant shock to farm budgets. “This is our…
Top StoriesLatest NewsAg Business
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