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The Mid-Mississippi reopened for navigation on March 19 and the Upper Mississippi reached St. Paul on March 24. Diesel prices have surged to $5.375 per gallon, and higher rail fuel surcharges are expected from May, adding roughly $575 per railcar on long routes.
Rising diesel costs push up grain freight expenses, and rail demand is expected to rise in April as shippers move product ahead of surcharges, which supports rail-linked basis and firmer secondary railcar values.
allagnews.comTony St. JamesMar 30, 2026
rfdtv.comTony St. JamesMar 31, 2026Not enough comparable past events yet for a historical read.
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.
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.
