STAT Communications Ag Market News

U.S. Diesel Fuel Cost Survey

WASHINGTON - Feb 19/15 - 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 February 16
                        (US$/gallon)
                                   Change    Change
Region Location           Price   Week ago  Year ago
I      East Coast         2.960     0.030    -1.169
       New England        3.084     0.045    -1.289
       Central Atlantic   3.084     0.042    -1.273
       Lower Atlantic     2.841     0.019    -1.072
II     Midwest            2.792     0.023    -1.201
III    Gulf Coast         2.783     0.022    -1.000
IV     Rocky Mountain     2.770    -0.006    -1.135
V      West Coast         2.997     0.073    -1.003
         less California  2.817     0.061    -1.094
       California         3.142     0.081    -0.933
Total  U.S.               2.865     0.030    -1.124

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