# Diesel prices poised to rise in new year - Grainews

> Diesel supplies are below the five-year average for the first time in many years, according to Phil Flynn of Price Futures Group, with Europe importing near-record U.S. distillate volumes. Flynn expects diesel prices could rise further into the holidays, especially if winter is cold, and advised farmers to hedge.

- Date: 2017-11-28 · published 2017-11-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/68177-diesel-prices-poised-to-rise-in-new-year-grainews
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Tight global distillate supplies point to higher fuel costs for farm and feed transport, and the price risk is heightened if winter demand spikes.

## Read by commodity

- DIESEL: bullish ▲

## Sources

- grainews.ca: https://www.grainews.ca/daily/diesel-prices-poised-to-rise-in-new-year/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.