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The EIA benchmark diesel price fell 20.5 cents to $5.403 per gallon, its largest weekly drop since December 2022. ULSD futures had fallen much more sharply after the April 8 Iran ceasefire announcement.
Lower diesel costs reduce freight and fuel surcharges for grain and feed movements. The futures decline suggests further pressure on the benchmark.
freightwaves.comJohn KingstonApr 21, 2026Not 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.
