Iowa retail gasoline fell 14 cents to $2.37/gallon and diesel fell 7 cents to $3.13/gallon. WTI dropped $2.32 to $54.42 and Brent fell $3.53 to $63.25, while Henry Hub natural gas declined 8 cents to $4.63/MMBtu.
Lower crude, diesel and natural gas prices reduce energy and drying costs for Midwest feed producers, pointing to easing input costs.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not 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.
Documents Brent falling $3.53 to $63.25, confirming the sharp mid-window decline.