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North Dakota expanded the permitted use of lower-taxed red diesel to grain hauling and other on-road agricultural work, potentially saving farmers 19 cents per gallon until the order expires on Nov. 30.
The relief has limited reach because highway use accounts for only about 5% to 15% of a typical farm’s diesel consumption, and cross-state rules complicate its use.
The tax break modestly reduces some farmers’ fuel expenses but does not materially ease overall diesel demand or high fuel costs because most farm diesel is already eligible for the lower tax rate. Its price effect is limited and localized.
kiowacountypress.netJeff BeachNov 9, 2026After 27 past neutral policy events, ULSD / Diesel moved a median -1.4% over 5 sessions (41% higher; middle half -4.3% to +2.6%), and -4.6% 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.
