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US Midwest ULSD prices fell to their lowest October levels since 2016 as diesel demand dropped. Wet spring weather delayed planting and now delays the fall harvest by about a month, and average distillate supply over four weeks was down 7%.
Harvest delays and softer farm diesel demand are pushing regional fuel prices lower in the near term. Lower fuel costs help feed transport, although a late harvest could shift demand later.
grainews.caGFM Network News10 oct 2019Tras 50 eventos de clima pasados, ULSD / Diésel se movió una mediana de +0,4 % en 5 sesiones (54% al alza; mitad central entre -4,8 % y +5,7 %), y +8,8 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
