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The FIE Input Cost Index fell five points this week, with raw material prices rising for the 25th straight month. The national U.S. diesel average reached $6.35 a gallon, up $2.63 from a year ago, and the index will now track on-highway diesel alongside ocean freight.
Soybeans fell 37 cents on harvest supply, while corn, wheat and boxed beef also slipped.
Higher diesel and trucking costs raise the cost of moving feed ingredients between plants and farms, which can widen delivered feed costs even when grain futures ease. Soybean and grain declines on harvest supply point to softer raw material prices for feed buyers.
foodindustryexecutive.comKrystle MorrisonNov 3, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not 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.
