STAT Communications Ag Market News

U.S. Diesel Fuel Cost Survey

WASHINGTON - Jul 3/14 - 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 June 30
                        (US$/gallon)
                                   Change    Change
Region Location           Price   Week ago  Year ago
I      East Coast         3.983    -0.002     0.166
       New England        4.107     0.005     0.136
       Central Atlantic   4.073     0.002     0.181
       Lower Atlantic     3.887    -0.006     0.156
II     Midwest            3.869    -0.006     0.054
III    Gulf Coast         3.816     0.003     0.082
IV     Rocky Mountain     3.917     0.004     0.098
V      West Coast         4.073     0.020     0.131
        less California   3.994     0.021     0.138
       California         4.138     0.019     0.123
Total  U.S.               3.920     0.001     0.103

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