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The DOE/EIA benchmark diesel price rose 9.7 cents per gallon after a large one-day increase in CME ultra low sulfur diesel futures the prior week. The market took a short breather following that move.
Higher diesel costs raise trucking and grain freight expenses, adding to delivered feed ingredient costs.
After 113 past bullish logistics events, ULSD / Diesel moved a median +0.6% over 5 sessions (54% higher; middle half -2.8% to +4.2%), and +0.2% over 20.
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.