STAT Communications Ag Market News

U.S. Diesel Fuel Cost Survey

WASHINGTON - Jul 17/14 - 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 July 14
                        (US$/gallon)
                                   Change    Change
Region Location           Price   Week ago  Year ago
I      East Coast         3.961    -0.017     0.085
       New England        4.078    -0.020     0.073
       Central Atlantic   4.051    -0.018     0.112
       Lower Atlantic     3.866    -0.016     0.062
II     Midwest            3.837    -0.025    -0.015
III    Gulf Coast         3.787    -0.015    -0.011
IV     Rocky Mountain     3.896    -0.013     0.067
V      West Coast         4.052    -0.015     0.055
         less California  3.971    -0.014     0.054
       California         4.119    -0.016     0.054
Total  U.S.               3.894    -0.019     0.027

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