STAT Communications Ag Market News

U.S. Diesel Fuel Cost Survey

WASHINGTON - Mar 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 March 17
                        (US$/gallon)
                                   Change    Change
Region Location           Price   Week ago  Year ago
I      East Coast         4.138    -0.020     0.056
       New England        4.313    -0.049     0.109
       Central Atlantic   4.314    -0.039     0.174
       Lower Atlantic     3.973    -0.001    -0.043
II     Midwest            3.994    -0.019    -0.021
III    Gulf Coast         3.803    -0.011    -0.186
IV     Rocky Mountain     3.991    -0.009     0.020
V      West Coast         4.020    -0.022    -0.142
        less California   3.942    -0.018    -0.163
       California         4.087    -0.025    -0.125
Total  U.S.               4.003    -0.018    -0.044

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