STAT Communications Ag Market News

U.S. Diesel Fuel Cost Survey

WASHINGTON - Oct 28/16 - 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 October 24, 2016
                        (US$/gallon)
                                   Change    Change
Region Location           Price   Week ago  Year ago
I      East Coast         2.468    -0.004    -0.031
       New England        2.485     0.008    -0.068
       Central Atlantic   2.581     0.002    -0.039
       Lower Atlantic     2.378    -0.011    -0.018
II     Midwest            2.451    -0.007    -0.089
III    Gulf Coast         2.353    -0.004     0.054
IV     Rocky Mountain     2.550     0.004     0.042
V      West Coast         2.747     0.005     0.044
        less California   2.645     0.010     0.078
       California         2.828     0.000     0.015
Total  U.S.               2.478    -0.003    -0.020

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