STAT Communications Ag Market News

U.S. Diesel Fuel Cost Survey

WASHINGTON - Jul 15/16 - 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 July 11, 2016
                        (US$/gallon)
                                   Change    Change
Region Location           Price   Week ago  Year ago
I      East Coast         2.424    -0.014    -0.491
       New England        2.469    -0.013    -0.560
       Central Atlantic   2.521    -0.014    -0.517
       Lower Atlantic     2.341    -0.014    -0.456
II     Midwest            2.385    -0.004    -0.319
III    Gulf Coast         2.261    -0.021    -0.447
IV     Rocky Mountain     2.445     0.009    -0.342
V      West Coast         2.708    -0.001    -0.329
        less California   2.596    -0.003    -0.323
       California         2.798     0.000    -0.335
Total  U.S.               2.414    -0.009    -0.400

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