
US truck freight prices rose 3.9% in October and are up almost 25% from a year earlier, the largest annual increase since May 2022. This happened even though wholesale diesel prices fell 7.9% from September to October.
Wholesale food prices rose 1.3% in October.
Higher trucking costs raise the delivered cost of feed ingredients and finished feed across US supply chains, which can squeeze feed buyers' margins even when fuel costs ease.
After 156 past logistics events, ULSD / Diesel moved a median +0.1% over 5 sessions (51% higher; middle half -2.8% to +4.0%), and +0.2% 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.