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The October Logistics Managers' Index showed truckload capacity contracting for an 11th straight month, with transportation prices expanding at a high rate. Upstream inventory builds ahead of the holiday season are supporting higher truckload contract rates.
Tight truck capacity and rising freight rates increase the cost of moving feed ingredients and finished feed domestically, which can widen regional basis spreads.
freightwaves.comTodd MaidenNov 3, 2026Not 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.
