STAT Communications Ag Market News

U.S. Diesel Fuel Cost Survey

WASHINGTON - May 14/15 - 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 May 11
                        (US$/gallon)
                                   Change    Change
Region Location           Price   Week ago  Year ago
I      East Coast         2.997     0.019    -1.044
       New England        3.091     0.025    -1.066
       Central Atlantic   3.151     0.018    -1.005
       Lower Atlantic     2.860     0.016    -1.067
II     Midwest            2.748     0.033    -1.173
III    Gulf Coast         2.771     0.020    -1.026
IV     Rocky Mountain     2.772     0.008    -1.198
V      West Coast         3.139     0.027    -0.897
        less California   3.002     0.031    -0.926
       California         3.250     0.023    -0.876
Total  U.S.               2.878     0.024    -1.070

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