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The benchmark US retail diesel price rose 33.8 cents to $5.134 per gallon, the second-largest weekly jump since the Iran war began. ULSD futures had risen sharply since early July, and retail prices were still lagging those gains.
Rapid diesel cost increases raise transport and fuel surcharges for feed deliveries and grain movements. Futures momentum suggests further retail increases ahead.
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.