STAT Communications Ag Market News

U.S. Diesel Fuel Cost Survey

WASHINGTON - Dec 1/16 - 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 28, 2016
                        (US$/gallon)
                                   Change    Change
Region Location           Price   Week ago  Year ago
I      East Coast         2.446     0.004    -0.009
       New England        2.472     0.001    -0.055
       Central Atlantic   2.549     0.000    -0.018
       Lower Atlantic     2.361     0.006     0.006
II     Midwest            2.356     0.000    -0.055
III    Gulf Coast         2.290    -0.006     0.036
IV     Rocky Mountain     2.450    -0.005    -0.001
V      West Coast         2.727    -0.003     0.103
        less California   2.635    -0.002     0.125
       California         2.800    -0.004     0.083
Total  U.S.               2.420    -0.001    -0.001

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