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US on-highway diesel averaged $6.352 a gallon in the week ending October 26, up 7.6 cents from the prior week. It was the third straight weekly increase, according to the EIA.
Rising diesel costs raise trucking and grain freight expenses, adding to delivered feed costs for buyers.
After 105 past bullish macro events, DIESEL moved a median -0.4% over 5 sessions (45% higher; middle half -3.4% to +1.8%), and +1.2% 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.