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The EIA reported the U.S. average retail diesel price rose 6 cents to $2.619 a gallon, the highest in nine months. Prices rose in all regions, with the Midwest up 8.1 cents.
A nine-month high in diesel raises fuel surcharges and hauling costs for feed deliveries. Concern over a new coronavirus strain could temper further demand-led gains.
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.