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Rising Commodity Prices Won't Offset Soaring Farming Costs

4/14/2026

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Story summary
  • CoBank, a cooperative bank serving U.S. agriculture, says rising commodity prices won’t offset higher input costs.
  • Higher fuel and energy costs strain household budgets and business expenses.
  • Diesel price spikes could add $2,000 per farmer and complicate planting.
  • Policy actions, including nationwide E15 expansion and a new Farm Bill, remain unresolved.
  • Biomass-based diesel rose 62%, but Environmental Protection Agency (EPA) adjustments may limit benefits for domestic feedstocks.