STAT Communications Ag Market News

U.S. Diesel Fuel Cost Survey

WASHINGTON - Aug 18/16 - 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 August 15, 2016
                        (US$/gallon)
                                   Change    Change
Region Location           Price   Week ago  Year ago
I      East Coast         2.314    -0.007    -0.382
       New England        2.368    -0.010    -0.435
       Central Atlantic   2.406    -0.006    -0.410
       Lower Atlantic     2.233    -0.008    -0.350
II     Midwest            2.273    -0.002    -0.266
III    Gulf Coast         2.179    -0.005    -0.299
IV     Rocky Mountain     2.394    -0.002    -0.233
V      West Coast         2.583    -0.012    -0.248
        less California   2.441    -0.013    -0.249
       California         2.696    -0.011    -0.249
Total  U.S.               2.310    -0.006    -0.305

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