Nebraska farmers enter harvest facing record diesel prices and rising input costs that are eroding higher crop prices. Nebraska Farm Bureau warns of mounting losses, tax pressures and continued volatility heading into 2027.
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World & Policy
DTN Oil Update
PostedOil prices tumbled 3% Wednesday, marking their sharpest drop in three weeks, on reports that Saudi Arabia could restore within days half of its East-West pipeline capacity jeopardized by Houthi militia attacks.
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Farm Life
View From the Cab
Posted by Pamela SmithThe cost of fuel was on the minds of DTN's View From the Cab farmers this week as they prepare for fall harvest.
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What DTN Is Watching
On Wednesday, StatCan (Canada) will release their model-based principal field crop estimates as of August 2026 at 7:30 a.m. CDT. The Energy Information Administration will release their weekly Petroleum Status report at 9:30 a.m. CDT, including last week's ethanol production. There are no other major agricultural reports scheduled, but traders and investors will tune in for the Federal Reserve's interest rate decision at 1 p.m. CDT, which is largely expected to result in a quarter percent rate hike to the Fed's target rate.
WeatherIsolated rain showers and thunderstorms continue across the Corn Belt Wednesday as the stalled front lingers across the area. A few damaging storms are possible across the Ohio Valley. A separate system will be moving through the Northern Plains, Minnesota, and Wisconsin Wednesday and Wednesday evening, leading to spotty light rain showers. Rainfall totals with this system will likely remain below 0.5 inches.
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