STAT Communications Ag Market News

U.S. Diesel Fuel Cost Survey

WASHINGTON - Mar 4/16 - 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 February 29, 2016
                        (US$/gallon)
                                   Change    Change
Region Location           Price   Week ago  Year ago
I      East Coast         2.054    -0.005    -1.029
       New England        2.154    -0.006    -1.137
       Central Atlantic   2.171    -0.013    -1.122
       Lower Atlantic     1.945     0.001    -0.935
II     Midwest            1.937     0.016    -0.913
III    Gulf Coast         1.874     0.001    -0.922
IV     Rocky Mountain     1.881     0.020    -0.898
V      West Coast         2.191     0.010    -0.906
         less California  2.054     0.004    -0.880
       California         2.302     0.014    -0.927
Total  U.S.               1.989     0.006    -0.947

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