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Brent crude futures posted their biggest monthly slump since March 2020, falling 11% in the past week and 19% for May. West Texas Intermediate fell about 17% during May.
Lower crude prices reduce diesel and energy costs for feed milling and transport, but the wrap reports moves without a new cause, so it adds little beyond the price direction.
wsj.comVicky Ge Huang, Caitlin McCabeMay 29, 2026Not enough comparable past events yet for a historical read.
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.
