Loading…
Senator Chuck Grassley said USDA had announced targeted Harvest Fuel Relief payments for farmers, calculated using planted acres and production estimates. He also cited temporary tax relief for dyed diesel, additional phosphate shipments following the lifting of duties on Moroccan fertilizer, and a federal investment in domestic fertilizer production.
Fuel relief could reduce farmers’ harvest and delivery costs, while more phosphate supply and domestic production could ease fertilizer costs. These measures may modestly temper pressure on farm input expenses.
sun-courier.comNov 6, 2026After 21 past bearish policy events, ULSD / Diesel moved a median -2.4% over 5 sessions (38% higher; middle half -6.5% to +4.7%), and -1.1% over 20.
After 50 past bearish policy events, DAP moved a median +0.9% over 5 sessions (62% higher; middle half -0.1% to +1.6%), and +0.9% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
