Loading…
The EIA national average retail diesel price dipped slightly to $3.342 per gallon for the week of July 26, ending 12 weeks of increases. The price remained above $3 per gallon for a 19th consecutive week and was up about 91.5 cents year over year.
Retail diesel is a key freight cost for feed buyers, and a flat-to-lower diesel price eases trucking and delivered feed costs slightly. The move is marginal, so it does little to change the broader cost outlook.
stage.logisticsmgmt.comLM StaffJul 27, 2021Not 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.
