STAT Communications Ag Market News

U.S. Diesel Fuel Cost Survey

WASHINGTON - Jul 31/14 - 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 28
                        (US$/gallon)
                                   Change    Change
Region Location           Price   Week ago  Year ago
I      East Coast         3.910    -0.018    -0.021
       New England        4.044    -0.008    -0.017
       Central Atlantic   3.993    -0.021     0.000
       Lower Atlantic     3.817    -0.019    -0.044
II     Midwest            3.801    -0.009    -0.085
III    Gulf Coast         3.767    -0.006    -0.078
IV     Rocky Mountain     3.888    -0.001    -0.025
V      West Coast         4.017    -0.009    -0.035
          less California 3.928    -0.014    -0.042
       California         4.090    -0.006    -0.032
Total  U.S.               3.858    -0.011    -0.057

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