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2024 Corn Price Outlook and Its Effect on Ethanol

Several factors are leading economists to believe the price of corn will keep ethanol profits steady in the near future.

Crude Awakening: Rising Oil Prices Complicate Fed's Rate-Hike Decisions
Crude Awakening: Rising Oil Prices Complicate Fed's Rate-Hike Decisions

As brent crude futures soar toward $100, it's creating a new battle in the Federal Reserve's effort to fight inflation. One money manager warns another rate hike is likely. 

Crude Oil Moves Back Above $80 with Talk of $100 by Year End:  What Does That Mean for Interest Rates and Diesel Fuel Costs?
Crude Oil Moves Back Above $80 with Talk of $100 by Year End: What Does That Mean for Interest Rates and Diesel Fuel Costs?

Crude oil moves back above $80, what does that mean for interest rates and diesel fuel prices for farmers this growing season?

Crude Oil Prices Drop Below $70:  What is the Outlook for Consumers at the Pump and Farmers Heading Into Spring Planting?
Crude Oil Prices Drop Below $70: What is the Outlook for Consumers at the Pump and Farmers Heading Into Spring Planting?

Oil prices are also off their highs of last year and gas and diesel prices are also sliding at the pump, but will that trend continue ahead of planting?   Energy experts are hoping the answer is yes.  

Premium Diesel
Diesel Prices Up 78¢ from January 2022

The price surge comes as Europe announced a ban on Russian diesel fuel and G7 countries vowed to price-cap Russian oil products.

Will Electric Vehicles Actually Drive Down Prices at the Pump?
Will Electric Vehicles Actually Drive Down Prices at the Pump?

Has U.S. gasoline demand peaked? And what will more electric vehicles mean for gasoline prices down the road? John Phipps looks into the issue in John's World.

Natural Gas Rebounds Monday after Hitting Lows Not Seen in A Year: Is the Bottom In?
Natural Gas Rebounds Monday after Hitting Lows Not Seen in A Year: Is the Bottom In?

Natural gas prices rebound Monday after hitting lows not seen in a year.  Is the bottom in?  John Wenzel, Senior Risk Management Consultant with StoneX has details.

Are Landlocked Soybean Crush Facilities Destined to Survive?
Are Landlocked Soybean Crush Facilities Destined to Survive?

“A lot of people looked at the smaller landlocked crush facilities and said, ‘Does that make sense?" I think those locations will go away, and I’m not sure they should have been there to begin with," Fife says.

Crude Oil Hits 11-Month Low Monday Before Reversing Yet Diesel Sees No Relief:  What's the Outlook for 2023?
Crude Oil Hits 11-Month Low Monday Before Reversing Yet Diesel Sees No Relief: What's the Outlook for 2023?

West Texas intermediate crude oil prices hit an 11-month low of $73.60 per barrel Monday before rebounding to close higher.  So, what is driving the market and how long will these lower price levels last? 

Diesel Supply Historically Tight:  Will the U.S. Run Out?
Diesel Supply Historically Tight: Will the U.S. Run Out?

Supplies of diesel in the United States are some of the tightest in history, down to a 25-day supply.  So, is there a chance of running out?

This Researcher Looks to Uncover Renewable Diesel Source in Unique Place
This Researcher Looks to Uncover Renewable Diesel Source in Unique Place

A team of researchers is working to introduce genes that increase the genetic diversity of the plant and allow it to produce higher levels of oil, which could then be introduced in crops that don’t produce oil today.

John Phipps: Is There a Shortage of DEF Right Now?
John Phipps: Is There a Shortage of DEF Right Now?

The DEF shortage story centered on the largest users of DEF – truckers. What's causing the possible shortage and are the concerns imminent? John Phipps looks into the issue in John's World.

Farmers Feel the Sting of Record Diesel Prices, More Fearful of Harvest Needs
Farmers Feel the Sting of Record Diesel Prices, More Fearful of Harvest Needs

While diesel fuel prices are off their summer peak the high cost is hitting hard at the farm level. 

John Phipps: It's Now Less About the Supply of Oil, And More About Refining Capacity in the U.S.
John Phipps: It's Now Less About the Supply of Oil, And More About Refining Capacity in the U.S.

Infuriating price increases are the topic of the day, and but like the 80’s, rising inflation is driven largely by energy and the price of oil. It's now less about the supply of oil, and more about refining capacity.

Will a Fuel Boycott Lead to Decreased Prices at the Pump?
Will a Fuel Boycott Lead to Decreased Prices at the Pump?

As consumers plan to refrain from buying fuel over the Independence Day weekend, what is the likelihood of seeing an impact on prices?

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Pump Prices Continue to Soar + Will the U.S. Ban Natural Gas Exports?

Venture Global penned an agreement to supply a German company, EnBW, with natural gas. Policy analysts say the deal will put pressure on the U.S. government to establish export restrictions amid rising gas costs.

Biden to Call on Congress to Suspend Gas and Diesel Tax This Summer
Biden to Call on Congress to Suspend Gas and Diesel Tax This Summer

The move is contingent on legislative action, which would temporarily lift the 18.3 cents tax per gallon on gasoline and 24 cents tax per gallon on diesel during the summer months.

Farmers Are Now Paying Above $5 For Off-Road Diesel, And It's More Than Just Russia to Blame
Farmers Are Now Paying Above $5 For Off-Road Diesel, And It's More Than Just Russia to Blame

Diesel prices are causing sticker shock, as fears of a possible diesel shortage are growing. It’s not just retail diesel prices that are rapidly rising. Some farmers report booking off-road diesel for above $5.

Diesel Prices Smash Another Record — And the U.S. is Now One Hurricane Away from Running Out of Diesel
Diesel Prices Smash Another Record — And the U.S. is Now One Hurricane Away from Running Out of Diesel

Diesel prices hit $5.58 a gallon on Friday, smashing another record. With NOAA predicting an above-normal hurricane season, it could introduce more trouble for already short diesel supplies. 

Premium Diesel
Will Record-High Diesel Prices Race Even Higher with EU's Partial Ban on Russian Oil?

Even with the partial ban by the European Union, one industry expert says it's possible diesel prices will see a slight reprieve in the coming weeks; however, it won't come in the form of dollars.

Filling A Tractor Tank Daily Now Costs Some Farmers $1,000, Double What It Did a Year Ago
Filling A Tractor Tank Daily Now Costs Some Farmers $1,000, Double What It Did a Year Ago

U.S. diesel prices are the highest ever, with warnings of shortages, especially in the eastern U.S., and the most intensive part of the farming season is still ahead.

E98-Fueled Diesel Engines set to Run in the Field and on the Road 
E98-Fueled Diesel Engines set to Run in the Field and on the Road 

CEO of ClearFlame says its modified diesel engines in trucks and farm machinery offer the same power and performance of traditional diesel engines but with lower fuel costs and fewer emissions. Look for them this summer.

What Is the Ethanol Sweet Spot? Up The “E”
What Is the Ethanol Sweet Spot? Up The “E”

AgriTalk Host Chip Flory says some people would argue E25 or E30 is the proper blending target.

Take Our Poll: On-Farm Storage Needs
Take Our Poll: On-Farm Storage Needs

With supply chain disruptions, what investments are you considering to ensure you have the inputs and flexibility you need?

Take Our Poll: What Are You Paying at the Fuel Pump?
Take Our Poll: What Are You Paying at the Fuel Pump?

As the conflict between Russia and Ukraine continues, soaring crude prices mean higher pump prices in the U.S. What are gas and diesel prices in your area?

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John Phipps: What's Actually Driving The Surge In Fuel Prices

Since May 2020, the national average retail prices of fuels have nearly doubled. So, what's driving the increase in prices? John Phipps breaks down the reality of politics versus economics.

Oil Pumps
Crude Jumps to Multi-Year Highs on Global Energy Crunch

Oil prices rose by about 2% on Monday, extending gains as an energy crisis grips major economies amid a pick-up in economic activity and restrained supplies from major producers.

European Organic Farming Company ‘Thinks Outside the Box’ with Biomethane Tractor
European Organic Farming Company ‘Thinks Outside the Box’ with Biomethane Tractor

Auga says its M1 tractor can replace a 400 horsepower diesel tractor and run for up to 12 hours thanks to larger, quick-change gas cartridges.

Inputs to Purchase Now Versus in 2021
Inputs to Purchase Now Versus in 2021

Work with your suppliers to figure out when to buy what.

Propane Council Expects Normal Grain Drying Season
Propane Council Expects Normal Grain Drying Season

Additionally, PERC has developed tools for farmers and propane retailers to ease any distribution snags.

AgDay Analysis: “The Ethanol Industry Has a Problem”
AgDay Analysis: “The Ethanol Industry Has a Problem”

Ethanol plants throughout the country are shutting its doors or limiting hours. It’s partly due to the coronavirus (COVID-19). Yet, there are other factors at play which include less demand for ethanol and gasoline.

Growmark Acquires Propane Terminal In The “Heart” Of Its Footprint
Growmark Acquires Propane Terminal In The “Heart” Of Its Footprint

This acquisition is not an immediate reaction in light of the current propane shortage, nor will it bring any immediate relief to the issues in the Midwest

As Iowa braces for another cold snap, propane suppliers are having to prioritize shipments, saving product for homes and livestock producers.
Some Iowa Farmers Now Cut Off from Liquid Propane Supplies

As Iowa braces for another cold snap, propane suppliers are having to prioritize shipments, saving product for homes and livestock producers. Experts say the propane shortage could get worse before it gets better.

Liquid Propane Bottleneck Cripples Drying Capacity
Liquid Propane Bottleneck Cripples Drying Capacity

What makes an already difficult, wet and nasty harvest even worse? Shortages of supplies you desperately need. Liquid propane is in scarce supply leaving farmers to make difficult harvest decisions.

Propane Delivery Crisis Plagues the Midwest
Propane Delivery Crisis Plagues the Midwest

Harvest just got a little harder—propane supplies aren’t where they need to be for Midwest farmers.

Deal Inked to Send Liquefied Natural Gas to Europe
Deal Inked to Send Liquefied Natural Gas to Europe

American companies will soon be exporting liquefied natural gas to Europe.  

Deal Inked to Send Liquefied Natural Gas to Europe
Deal Inked to Send Liquefied Natural Gas to Europe

American companies will soon be exporting liquefied natural gas to Europe.