
On-highway diesel fell 3.5 cents to $5.608 per gallon, with most regions seeing relief while several Northeast and Midwest regions rose. Industry experts expect elevated diesel costs to persist for months because of damaged Middle East infrastructure and a breakdown in peace talks.
A US blockade of ships traveling to and from Iran's ports was reported.
Persistent diesel costs raise feed delivery and transport expenses, which buyers will carry into delivered feed prices. Sticky pump prices suggest limited near-term relief despite the small weekly decline.
After 113 past bullish logistics events, ULSD / Diesel moved a median +0.6% over 5 sessions (54% higher; middle half -2.8% to +4.2%), and +0.2% over 20.
Not enough comparable past events yet for a historical read.
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.