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K Ratio, a Chicago risk management firm, has made its diesel hedging product for trucking clients a permanent offering after its first year. Clients began seeking ways to lock in low diesel prices when oil markets plummeted during the pandemic.
Growing use of diesel hedging by freight operators shows how businesses are managing fuel cost volatility. The story has little direct effect on feed commodity prices.
freightwaves.comJohn KingstonApr 19, 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.
