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: U.S. and Chinese officials are expected to discuss agriculture and non-tariff trade barriers ahead of Chinese President Xi Jinping’s visit to Washington later this month, potentially opening the door to additional U.S. agricultural purchases or improved marke...
The U.S. will observe Labor Day on Monday, 7 September. U.S. markets and the WPI office will be closed that day. The next edition of Ag Perspectives will be published Tuesday, 8 September...
Key Takeaways: Drought and changes to the multi-year trend in cow slaughter and retention have the potential to dramatically alter beef trim supplies and pricing, and WPI specifically models three different drought scenarios for fall 2026. Based on our models, WPI expects 90 percent lean...
