STAT Communications Ag Market News

U.S. Diesel Fuel Cost Survey

WASHINGTON - May 20/16 - 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 16, 2016
                        (US$/gallon)
                                   Change    Change
Region Location           Price   Week ago  Year ago
I      East Coast         2.321     0.012    -0.686
       New England        2.348     0.009    -0.745
       Central Atlantic   2.410     0.008    -0.748
       Lower Atlantic     2.248     0.016    -0.627
II     Midwest            2.271     0.030    -0.520
III    Gulf Coast         2.157     0.026    -0.636
IV     Rocky Mountain     2.324     0.047    -0.489
V      West Coast         2.530     0.037    -0.632
        less California   2.425     0.057    -0.608
       California         2.615     0.021    -0.653
Total  U.S.               2.297     0.026    -0.607

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