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ULSD futures settled at $2.7356 per gallon for February before rolling to March, where the front month fell about 46 cents to around $2.275. The drop reflects contract rollover mechanics and milder weather expectations.
The decline is largely mechanical from contract rolls rather than a fundamental change, so underlying diesel cost pressure for feed logistics is less bearish than headline prices suggest.
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.