Loading…

The EIA average US retail ULSD diesel price rose 2.6 cents to $5.401 per gallon, an 11th straight weekly increase, though the smallest in weeks. Physical diesel in some parts of the world is above $200 per barrel, and CME ULSD settled at $4.3643 per gallon on Monday.
Diesel is a key cost for feed transport and milling, and the Iran-driven rally keeps freight and processing costs elevated. The slowing weekly gain suggests momentum is fading, but levels remain near 2022 highs.
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.