Takeaway

This AgDay Minute (hosted by Haley Bickelhaupt, published 2026-11-13) is a news roundup rather than a market call, but two items are timely: the Trump administration is expected to extend a Jones Act waiver that expires Sunday — relevant to coastal diesel, gas, and fertilizer logistics — and USDA has sharply revised crop cost projections upward (10% for 2026, 14% for 2027), with fertilizer cited as the primary driver. No directional view or trade was put forward.

What the presenter said

• USDA data indicates expenses for every major field crop "will soar this year and next," with fertilizer driving the surge. [00:06, 00:14]
• USDA is raising cost estimates for field crops by 10% for 2026 and 14% for 2027. [00:17]
• The American Farm Bureau Federation believes an $8 billion fuel relief program offers farmers some help, and is urging Congress to pass a modernized Farm Bill. [00:24, 00:29]
• Per Reuters, the Trump administration is expected to extend the Jones Act waiver set to expire Sunday. The waiver allows foreign-flagged vessels to continue transporting oil, fertilizer, and other commodities between US ports. [00:32, 00:40]
• The administration originally waived the American-only shipping rules in March to help lower diesel and gas prices. [00:47]
• John Deere is rolling out five semi-trucks powered by 100% biodiesel, traveling across the Midwest under the "Field to Freight" program, using a dual-tank system from Optimus Technologies — the trucks start on conventional diesel, use engine heat to warm the B100, then automatically switch to pure biofuel. [00:54–01:07]
• John Deere joins Pepsico and ADM in adopting this biodiesel technology. [01:16]

Trade ideas

None stated. The segment proposes no trade. The market-relevant takeaways for the desk are: (1) fertilizer-driven cost inflation embedded in USDA's 2026–27 field crop projections, a margin consideration for row-crop producer economics, and (2) the expected Jones Act waiver extension, which preserves foreign-flagged shipping of oil products, fertilizer, and other commodities between US ports and was originally enacted to ease diesel and gasoline prices.

Levels and data cited

• USDA — cost estimates for field crops: +10% for 2026, +14% for 2027.
• American Farm Bureau Federation — $8 billion fuel relief program.

No price levels were cited in the segment, and the source JSON lists no risks.