STAT Communications Ag Market News

U.S. Diesel Fuel Cost Survey

WASHINGTON - Aug 14/14 - 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 August 11
                        (US$/gallon)
                                   Change    Change
Region Location           Price   Week ago  Year ago
I      East Coast         3.887    -0.019    -0.021
       New England        3.982    -0.037    -0.063
       Central Atlantic   3.974    -0.015     0.002
       Lower Atlantic     3.800    -0.017    -0.034
II     Midwest            3.787    -0.011    -0.075
III    Gulf Coast         3.750    -0.004    -0.074
IV     Rocky Mountain     3.876    -0.001    -0.054
V      West Coast         4.016     0.000    -0.029
        less California   3.935     0.005    -0.011
       California         4.084    -0.003    -0.044
Total  U.S.               3.843    -0.010    -0.053

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