The EIA reported the US national average diesel price rose 3 cents to $3.271 per gallon, its fifth straight weekly gain. The price is up 48.3 cents year on year.
WTI traded at $70.04, above the prior week's average of $68.71.
Continued weekly increases in diesel and crude raise the cost of hauling feed ingredients and farm fuel.
After 109 past bullish report events, ULSD / Diesel moved a median +0.2% over 5 sessions (51% higher; middle half -3.3% to +3.9%), and +0.3% over 20.
After 131 past bullish report events, Crude Oil (WTI) moved a median +1.2% over 5 sessions (60% higher; middle half -1.3% to +3.4%), and +2.9% 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.