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The national average US diesel price climbed 6.6 cents to $3.846 a gallon, its highest since August 2014, with prices rising in all ten EIA regions. Gasoline also rose 4.5 cents to $3.368, and diesel is up $1.108 year over year.
Rising diesel costs increase transport expenses for feed mills and livestock producers, adding pressure on delivered feed prices. The article attributes the gains to tight global crude and distillate supply.
ttnews.comConnor D. WolfJan 31, 2022Not 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.
