STAT Communications Ag Market News

U.S. Diesel Fuel Cost Survey

WASHINGTON - Mar 28/13 - 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 25
                        (US$/gallon)
                                   Change    Change
Region Location           Price   Week ago  Year ago
I      East Coast         4.050     -0.032     -0.140
       New England        4.171     -0.033     -0.092
       Central Atlantic   4.109     -0.031     -0.170
       Lower Atlantic     3.983     -0.033     -0.127
II     Midwest            3.979     -0.036     -0.067
III    Gulf Coast         3.935     -0.054     -0.120
IV     Rocky Mountain     3.935     -0.036     -0.201
V      West Coast         4.101     -0.061     -0.332
        less California   4.046     -0.059     -0.337
       California         4.147     -0.065     -0.329
Total  U.S.               4.006     -0.041     -0.141

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