STAT Communications Ag Market News

U.S. Diesel Fuel Cost Survey

WASHINGTON - May 26/16 - 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 23, 2016
                        (US$/gallon)
                                   Change    Change
Region Location           Price   Week ago  Year ago
I      East Coast         2.379     0.058    -0.635
       New England        2.411     0.063    -0.690
       Central Atlantic   2.464     0.054    -0.698
       Lower Atlantic     2.308     0.060    -0.576
II     Midwest            2.325     0.054    -0.475
III    Gulf Coast         2.233     0.076    -0.570
IV     Rocky Mountain     2.358     0.034    -0.472
V      West Coast         2.597     0.067    -0.577
         less California  2.502     0.077    -0.555
       California         2.673     0.058    -0.596
Total  U.S.               2.357     0.060    -0.557

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