STAT Communications Ag Market News

U.S. Diesel Fuel Cost Survey

WASHINGTON - Mar 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 March 24
                        (US$/gallon)
                                   Change    Change
Region Location           Price   Week ago  Year ago
I      East Coast         4.115    -0.023     0.065
       New England        4.279    -0.034     0.108
       Central Atlantic   4.277    -0.037     0.168
       Lower Atlantic     3.963    -0.010    -0.020
II     Midwest            3.975    -0.019    -0.004
III    Gulf Coast         3.800    -0.003    -0.135
IV     Rocky Mountain     3.984    -0.007     0.049
V      West Coast         4.009    -0.011    -0.092
        less California   3.925    -0.017    -0.121
       California         4.081    -0.006    -0.066
Total  U.S.               3.988    -0.015    -0.018

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