STAT Communications Ag Market News

U.S. Diesel Fuel Cost Survey

WASHINGTON - Jul 21/16 - 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 18, 2016
                        (US$/gallon)
                                   Change    Change
Region Location           Price   Week ago  Year ago
I      East Coast         2.411    -0.013    -0.462
       New England        2.446    -0.023    -0.550
       Central Atlantic   2.503    -0.018    -0.482
       Lower Atlantic     2.332    -0.009    -0.430
II     Midwest            2.369    -0.016    -0.310
III    Gulf Coast         2.262     0.001    -0.412
IV     Rocky Mountain     2.435    -0.010    -0.335
V      West Coast         2.686    -0.022    -0.318
        less California   2.569    -0.027    -0.304
       California         2.780    -0.018    -0.331
Total  U.S.               2.402    -0.012    -0.380

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