STAT Communications Ag Market News

U.S. Diesel Fuel Cost Survey

WASHINGTON - Sep 4/14 - 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 September 1
                        (US$/gallon)
                                   Change    Change
Region Location           Price   Week ago  Year ago
I      East Coast         3.842    -0.013    -0.151
       New England        3.944    -0.011    -0.143
       Central Atlantic   3.925    -0.010    -0.130
       Lower Atlantic     3.756    -0.015    -0.174
II     Midwest            3.752    -0.011    -0.215
III    Gulf Coast         3.720    -0.012    -0.177
IV     Rocky Mountain     3.868    -0.007    -0.069
V      West Coast         4.030     0.020    -0.098
        less California   3.973     0.052    -0.059
       California         4.079    -0.005    -0.131
Total  U.S.               3.814    -0.007    -0.167

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