
EIA reported U.S. on-highway diesel averaged $6.292/gal on Nov 2, down 6.0 cents on the week, with every region falling. DAT flatbed capacity tightened to its tightest week in a month, and a logistics managers' survey showed transportation capacity has shrunk for 11 straight months.
Tighter truck capacity and diesel costs raise freight expenses for moving feed ingredients, adding modest upward pressure on delivered feed costs, though the diesel dip offers slight relief.
After 18 past bearish logistics events, ULSD / Diesel moved a median +0.6% over 5 sessions (56% higher; middle half -1.5% to +3.3%), 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.