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An Ohio-border farmer reports off-road diesel quoted at $4.71 a gallon, down from about $5.17 earlier, the first weekly decline of the harvest. AAA puts the national average diesel price at $6.10, down 17 cents from a month earlier.
Lower diesel costs ease harvest and freight expenses for feed producers and farmers. Lower diesel also tends to weigh on energy-linked input costs.
After 79 past bearish macro events, ULSD / Diesel moved a median -1.0% over 5 sessions (39% higher; middle half -5.7% to +1.7%), and -1.5% 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.