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ULSD futures on CME settled at $4.9344/g on Tuesday, up from $4.642/g on October 1. Analysts noted that the Russia diesel deal and a move allowing on-road use of red dye diesel have had little effect on the broader market.
Higher diesel prices raise trucking and freight costs for feed ingredients, adding to delivered feed costs.
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.