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FTR's Trucking Conditions Index read 7.75 in October, its weakest level since July 2020, as rising diesel prices weighed on conditions. FTR expects the index to stay solidly positive into 2022 now that fuel prices have stabilized.
Stabilized diesel prices and firm freight rates point to steady trucking costs for feed delivery, with carrier capacity still tight.
After 224 past report events, ULSD / Diesel moved a median -0.3% over 5 sessions (45% higher; middle half -3.9% to +2.5%), and +0.3% over 20.
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.