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The national average on-highway diesel price rose 40.1 cents to a record $5.25 per gallon on March 14, 2022, according to EIA data. It was the second consecutive all-time high, and California reached $6.264 per gallon.
Gasoline rose 21.3 cents to $4.315 per gallon.
Record diesel prices raise trucking and freight costs for feed ingredients and finished feed. Trucking firms are warning of further increases in spring and summer, supporting higher delivered feed costs.
ttnews.comMar 15, 2022Not 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.
