STAT Communications Ag Market News

U.S. Diesel Fuel Cost Survey

WASHINGTON - May 12/16 - 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 9, 2016
                        (US$/gallon)
                                   Change    Change
Region Location           Price   Week ago  Year ago
I      East Coast         2.306     0.003    -0.688
       New England        2.334     0.005    -0.752
       Central Atlantic   2.396     0.006    -0.749
       Lower Atlantic     2.232     0.000    -0.628
II     Midwest            2.232     0.009    -0.507
III    Gulf Coast         2.137    -0.006    -0.640
IV     Rocky Mountain     2.255     0.022    -0.495
V      West Coast         2.481     0.012    -0.646
         less California  2.357     0.011    -0.634
       California         2.579     0.015    -0.656
Total  U.S.               2.266     0.005    -0.607

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