North Dakota diesel prices reached a reported record $6.13 per gallon on September 17 and averaged $6.11 on October 26, increasing costs for transport and farm operations. State and federal executive orders offer some relief to agricultural users of dyed fuel, but truckers and other road-freight operators remain exposed to high fuel costs.
Expensive diesel raises farm operating and inland transport costs, potentially increasing delivered feed costs. The targeted fuel relief does not extend to many commercial trucking operations, so freight-cost pressure persists.
After 90 past bullish policy events, ULSD / Diesel moved a median +1.4% over 5 sessions (66% higher; middle half -1.9% to +4.1%), and +0.1% 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.