STAT Communications Ag Market News

U.S. Diesel Fuel Cost Survey

WASHINGTON - Feb 27/14 - 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 24
                        (US$/gallon)
                                   Change    Change
Region Location           Price   Week ago  Year ago
I      East Coast         4.148     0.019    -0.053
       New England        4.386     0.013     0.042
       Central Atlantic   4.358     0.001     0.096
       Lower Atlantic     3.947     0.034    -0.182
II     Midwest            4.025     0.032    -0.096
III    Gulf Coast         3.806     0.023    -0.283
IV     Rocky Mountain     3.950     0.045    -0.107
V      West Coast         4.035     0.035    -0.264
        less California   3.948     0.037    -0.273
       California         4.109     0.034    -0.256
Total  U.S.               4.017     0.028    -0.142

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