
Diesel prices rose about 33% for November deliveries in late October 2022, with reserves at their lowest since 1951, concentrated in the Northeast. A drought on the Mississippi River was pushing product onto rail and trucks, and a possible rail strike added to supply concern.
The article also cited the coming ban on Russian product and calls for government intervention.
Low river levels raise freight costs and restrict barge movement of grain and fuel, which constrains soybean and grain exports and pressures farm margins. Higher diesel and fertilizer costs also raise the cost of running farms.
Setelah 297 peristiwa logistik bearish sebelumnya, Kedelai bergerak median +0,3% selama 5 sesi (54% lebih tinggi; separuh tengah -1,5% sampai +1,8%), dan +0,7% selama 20 sesi.
Belum cukup peristiwa historis yang sebanding untuk analisis historis.
Setelah 113 peristiwa logistik bullish sebelumnya, ULSD / Solar bergerak median +0,6% selama 5 sesi (54% lebih tinggi; separuh tengah -2,8% sampai +4,2%), dan +0,2% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.