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The EIA reported that the nationwide retail diesel price rose 3 cents to $2.67 a gallon in the first full week of 2021, with the Lower Atlantic posting the largest regional gain. Gasoline climbed 6.8 cents to $2.317.
Diesel remained 39.4 cents below a year earlier.
Continued retail diesel increases raise trucking and freight costs for feed deliveries, though the level remains well below last year.
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.