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The average US retail gasoline price fell 3 cents per gallon over two weeks to $2.93, according to the Lundberg Survey. The decline was described as the first in a run of drops.
Lower retail gasoline signals softer fuel demand and weaker energy costs for feed logistics, though the effect on grain and meal prices is limited.
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.