Gasoline and Diesel Outlook

Midwest fuel prices showed a generally favorable trend heading into spring planting in Iowa, but conditions have shifted rapidly in March 2026. Fuel prices gradually declined through the end of 2025, with gasoline falling to $2.67/gallon and diesel to $3.39/gallon by the beginning of 2026. In January fuel prices stabilized, with gasoline and diesel averaging $2.72/gallon and...