STAT Communications Ag Market News

U.S. Diesel Fuel Cost Survey

WASHINGTON - Nov 17/16 - 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 November 14, 2016
                        (US$/gallon)
                                   Change    Change
Region Location           Price   Week ago  Year ago
I      East Coast         2.453    -0.021    -0.046
       New England        2.482    -0.020    -0.062
       Central Atlantic   2.564    -0.020    -0.045
       Lower Atlantic     2.363    -0.021    -0.043
II     Midwest            2.387    -0.038    -0.107
III    Gulf Coast         2.316    -0.024     0.012
IV     Rocky Mountain     2.492    -0.040     0.004
V      West Coast         2.757    -0.009     0.062
        less California   2.657    -0.016     0.055
       California         2.837    -0.003     0.068
Total  U.S.               2.443    -0.027    -0.039

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