
US factory output grew at its fastest pace since November 2021 in October, with ISM's production index at 59.0 and headline manufacturing PMI at 55.5. Over the same period, DAT reported 10.93 posted loads per posted dry van truck, against 6.37 a year earlier, and its van spot rate rose to $2.23 a mile.
Rising freight demand on a shrinking truck supply pushes up trucking rates and inland logistics costs for feed ingredients moved by road. Diesel costs at about $6.35 a gallon add further upward pressure on feed delivery costs.
After 113 past bullish logistics events, ULSD / Diesel moved a median +0.6% over 5 sessions (54% higher; middle half -2.8% to +4.2%), and +0.2% over 20.
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.