US producer prices rose 0.3% in October and 6.5% over the twelve months, the largest annual gain since November 2022. Truck transportation of freight rose 3.9% in the month, while food prices at the producer level increased 1.3% and diesel fell 7.9%.
A broad rise in producer prices, led by freight and food, signals firmer input and transport costs for feed manufacturers. Lower diesel prices partly offset freight pressure, so the net effect on feed costs is mixed.
After 86 past bearish report events, ULSD / Diesel moved a median -0.9% over 5 sessions (37% higher; middle half -4.3% to +0.9%), and +0.4% 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.