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As of 6:45 a.m. ET on November 3, 2026, Brent crude was trading at $110.45 per barrel, down about $2.15 from the previous morning.
The price is roughly 3.7% above its level one month earlier and about 69% above a year ago.
Crude prices feed directly into diesel and fuel costs for feed milling and grain logistics, and they pull fertilizer and biofuel-linked oilseed values with them. Continued swings tied to Iran-related supply risk keep input cost and feed-margin uncertainty high.
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.