STAT Communications Ag Market News

U.S. Diesel Fuel Cost Survey

WASHINGTON - Feb 26/15 - 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 Fenruary 23
                        (US$/gallon)
                                   Change    Change
Region Location           Price   Week ago  Year ago
I      East Coast         3.005     0.045    -1.143
       New England        3.173     0.089    -1.213
       Central Atlantic   3.160     0.076    -1.198
       Lower Atlantic     2.853     0.012    -1.094
II     Midwest            2.826     0.034    -1.199
III    Gulf Coast         2.795     0.012    -1.011
IV     Rocky Mountain     2.762    -0.008    -1.188
V      West Coast         3.065     0.068    -0.970
        less California   2.889     0.072    -1.059
       California         3.208     0.066    -0.901
Total  U.S.               2.900     0.035    -1.117

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