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DTN's weekly analysis says the September diesel contract rose above a nickel to $3.2057 a gallon and is up 56 cents year over year. Propane also rose, and the piece flags low distillate inventories as a winter price-spike risk.
Rising diesel and propane futures lift transport and drying costs for feed mills and grain handling, pressuring margins.
dtnpf.comTodd HultmanJul 30, 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.
