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The national average US diesel price reached a record $6.53 a gallon in September, according to the report. The article attributes the increase to tight global supplies and refinery disruptions that raised transport costs.
Higher diesel costs feed into transport and input prices across supply chains, adding to inflation pressure that can affect feed ingredient costs.
After 105 past bullish macro events, ULSD / Diesel moved a median -0.4% over 5 sessions (45% higher; middle half -3.4% to +1.8%), and +1.2% 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.