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Consumer inflation accelerated to 4.2% year over year in the US, the fastest since 2008, with the Colonial Pipeline cyberattack and a Mississippi River bridge closure cited as disruptions. The article says feed ingredient markets are quiet relative to volatile soft commodities.
Pipeline and river disruptions raise logistics costs for grain and feed movements, while the calm in feed ingredient markets suggests limited near-term price pressure on supply-tight feed inputs.
benisonmedia.comAshwani VermaMay 19, 2021After 105 past bullish macro events, ULSD / Diesel moved a median -0.4% over 5 sessions (45% higher; middle half -3.4% to +1.8%), and +1.2% over 20.
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.
