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The DOE/EIA weekly retail diesel benchmark fell 4.5 cents to $3.947 a gallon, its third straight weekly decline. Retail prices are catching up to earlier wholesale and futures declines as Middle East war fears fade.
Lower diesel and crude prices reduce fuel surcharges and farm and feed transport costs, easing pressure on feed-mill logistics margins.
freightwaves.comJohn KingstonApr 29, 2024Not enough comparable past events yet for a historical read.
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.
