Loading…
The DOE/EIA weekly retail diesel benchmark fell for a fourth consecutive week, dropping 5.3 cents to $3.894 a gallon, its lowest since January 29. CME ULSD settled at $2.4611 a gallon, after falling from $2.773 on April 5.
Looser diesel inventories and falling benchmarks reduce fuel surcharges for feed transport, lowering delivered feed costs at the margin.
freightwaves.comJohn KingstonMay 6, 2024Not 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.
