STAT Communications Ag Market News

U.S. Diesel Fuel Cost Survey

WASHINGTON - Mar 14/13 - SNS -- The weekly diesel price provides a proxy for trends in U.S. truck rates, according to the USDA.

Diesel fuel is a significant expense for agriculture commodity movements by truck, accounting for 37% of the estimated variable cost.

       Retail On-Highway Diesel Prices to March 11
                        (US$/gallon)
                                   Change    Change
Region Location           Price   Week ago  Year ago
I      East Coast         4.120    -0.047    -0.049
       New England        4.243    -0.055    -0.007
       Central Atlantic   4.171    -0.064    -0.076
       Lower Atlantic     4.058    -0.034    -0.038
II     Midwest            4.043    -0.042     0.027
III    Gulf Coast         4.036    -0.029     0.000
IV     Rocky Mountain     4.010    -0.037    -0.059
V      West Coast         4.227    -0.053    -0.194
         less California  4.165    -0.042    -0.183
       California         4.280    -0.061    -0.203
Total  U.S.               4.088    -0.042    -0.035

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