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The DOE/EIA weekly benchmark diesel price rose 9.7 cents to $6.276 per gallon, still about 25 cents below its all-time high of $6.529 set on September 22. ULSD futures on CME turned lower after unconfirmed reports that Qatar and Pakistan proposed new talks to end the Iran war pushed oil prices down.
Diesel is a key cost input for feed transport and grain logistics, so higher diesel costs raise delivered feed prices. Oil-driven swings tied to Iran war headlines add volatility, though the article notes the Russian diesel plan is not expected to shift the supply-demand balance much.
grafiketinteractive.comCheryll LueilwitzNov 5, 2026Not 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.
