Key Takeaways:
Russia’s diesel export ban is tightening global fuel supplies and increasing dependence on alternative exporters. Limited refining capacity and logistical constraints make diesel markets especially sensitive to supply disruptions. Diesel supply disruptions are more difficult to replace than crude oil disruptions, increasing the risk of prolonged market tightness. Higher diesel prices are increasing agricultural production, transportation, and grain marketing costs, adding pressure to already narrow farm margins. Ongoing geopolitical tensions in Russia and the Middle East are supporting elevated diesel prices.
Russia’s Diesel Export Ban Russia imposed a temporary ban on diesel exports on 8 July 2026, after a seri...
What You Need to Know Today: New World screwworm is back in the headlines after new cases were found in a hunter-harvested elk in Texas and a beef cow in New Mexico. The detection in wildlife could further complicate containment efforts, as implementing effective biosecurity measures is consid...
Cattle on Feed Expectations USDA’s monthly Cattle on Feed report that will show cattle inventory statistics as of 1 October will be released tomorrow, 23 October. Analysts’ pre-report consensus estimates are for the total inventory on feed to be 100.3 percent of last year, which imp...
Key Takeaways: Dry bulk markets remain mixed with Capesize rates turning around from their recent weakness and posting solid gains on improved Chinese demand. Panamax vessels, on the other hand, saw rates decline amid greater tonnage availability in the South Atlantic and falling U.S. Gu...