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Why Bringing Down Oil’s Price Is so Hard

An Urban's Rural View

Why Bringing Down Oil’s Price Is so Hard

Between assurances from President Donald Trump that a peace agreement is all but wrapped up and renewed skirmishes, the price of oil rises and falls....

"Why Bringing Down Oil’s Price Is so Hard"
Biomass Diesel Scrambles to Reach 90% Capacity as Record RFS Takes Effect

Record RFS Sparks US Biodiesel Revival

Biomass Diesel Scrambles to Reach 90% Capacity as Record RFS Takes Effect

LINCOLN, Neb. (DTN) — Historically high biodiesel volumes in the Renewable Fuel Standard took effect in March 2026, and already, the industry has seen the...

"Biomass Diesel Scrambles to Reach 90% Capacity as Record RFS Takes Effect"
USDA Preparing to Notify Landowners About New Base-Acre Expansion

USDA Ready to Add 30 Million Base Acres

USDA Preparing to Notify Landowners About New Base-Acre Expansion

OMAHA (DTN) — Landowners with acres potentially eligible to enroll as base acres for USDA commodity programs should get notifications sometime in the next month...

"USDA Preparing to Notify Landowners About New Base-Acre Expansion"
After Farm Bill Setback, E15 Passes House as Standalone Legislation

Year-Round E15 Bill Passes House

After Farm Bill Setback, E15 Passes House as Standalone Legislation

LINCOLN, Neb. (DTN) — The U.S. House of Representatives on Wednesday passed a bill to allow permanent year-round E15 sales, two weeks after E15 was...

"After Farm Bill Setback, E15 Passes House as Standalone Legislation"

Weather

What DTN is Watching

Markets

On Wednesday, the EIA will release the weekly Petroleum Status report at 9:30 a.m. CDT, including last week’s ethanol production. There are no other major reports scheduled. Traders will as always watch U.S. weather as well as the situation in the Middle East as fighting has again escalated through this week.

Weather

A system that has been spinning around the Northern Plains and Canadian Prairies is finally starting to push eastward on Wednesday, but will continue scattered showers and thunderstorms in the region throughout the day. Showers extend down through the Plains as well, producing some much-needed rainfall in some very dry areas of the country.

Farm Credit Rates

DTN Ag Interest Rate Snapshot
TODAY- LAST YEAR
as of:6/3/266/3/25
BENCHMARKS
Prime Rate6.758.25
30-Day Libor5.19
1-Year Libor5.91
10-Yr. Treasury4.503.73
CCC Loan Rate4.7505.750

Closing Market Comment