STAT Communications Ag Market News

U.S. Diesel Fuel Cost Survey

WASHINGTON - Jul 10/20 - 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 June 7, 2020
                        (US$/gallon)
                                   Change    Change
Region Location            Price   Week ago  Year ago
I       East Coast         2.527     0.003    -0.554
        New England        2.652     0.004    -0.482
        Central Atlantic   2.696    -0.008    -0.579
        Lower Atlantic     2.388     0.011    -0.552
II      Midwest            2.306     0.007    -0.662
III     Gulf Coast         2.204     0.010    -0.600
IV      Rocky Mountain     2.345     0.002    -0.635
V       West Coast         2.960     0.012    -0.664
          less California  2.596     0.010    -0.612
        California         3.260     0.014    -0.693
Total   United States      2.437     0.007    -0.618

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