STAT Communications Ag Market News

U.S. Diesel Fuel Cost Survey

WASHINGTON - Feb 20/14 - 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 February 17
                        (US$/gallon)
                                   Change    Change
Region Location           Price   Week ago  Year ago
I      East Coast         4.129     0.013    -0.070
       New England        4.373     0.004     0.039
       Central Atlantic   4.357    -0.006     0.103
       Lower Atlantic     3.913     0.029    -0.220
II     Midwest            3.993     0.024    -0.139
III    Gulf Coast         3.783    -0.005    -0.285
IV     Rocky Mountain     3.905     0.037    -0.127
V      West Coast         4.000     0.002    -0.303
         less California  3.911     0.010    -0.325
       California         4.075    -0.005    -0.286
Total  U.S.               3.989     0.012    -0.168

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