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US producer prices rose 0.3% month-on-month in October 2026, a slowdown from September, while annual PPI accelerated to 6.5%, the highest since November 2022. Truck freight rates surged, adding upside pressure to wholesale logistics costs.
Higher trucking costs raise the delivered price of feed ingredients and grain moving by road, squeezing feed-buyer margins even as headline inflation cools month to month.
After 11 past neutral macro events, ULSD / Diesel moved a median +1.8% over 5 sessions (64% higher; middle half -0.6% to +4.1%), and +3.9% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.