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FTR's Trucking Conditions Index stood at 5.75 in July, reflecting rising spot rates and capacity tightening ahead of the ELD mandate. FTR expects contract prices to increase in 2018 as capacity tightens further.
Tightening truck capacity and expected contract rate increases raise the cost of hauling feed and grain, which feeds into delivered feed prices.
talkbusiness.netTalk Business, Politics staffSep 27, 2017Not 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.
