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The US average retail diesel price rose 1.9 cents to $3.226 a gallon, according to the Department of Energy, and was 62.1 cents above a year earlier. Crude oil rose to a three-week high of $68.87 a barrel on supply concerns, and average prices rose in all regions.
Rising crude and diesel costs raise trucking and farm freight expenses, which feeds through to feed transport costs and the cost of moving grain and ingredients.
ttnews.comRoger GilroyAug 27, 2018Not enough comparable past events yet for a historical read.
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.
