STAT Communications Ag Market News

U.S. Diesel Fuel Cost Survey

WASHINGTON - Mar 10/16 - 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 March 7, 2016
                        (US$/gallon)
                                   Change    Change
Region Location           Price   Week ago  Year ago
I      East Coast         2.077     0.023    -1.028
       New England        2.147    -0.007    -1.185
       Central Atlantic   2.188     0.017    -1.145
       Lower Atlantic     1.979     0.034    -0.905
II     Midwest            1.983     0.046    -0.869
III    Gulf Coast         1.907     0.033    -0.888
IV     Rocky Mountain     1.927     0.046    -0.874
V      West Coast         2.219     0.028    -0.877
         less California  2.097     0.043    -0.829
       California         2.316     0.014    -0.917
Total  U.S.               2.021     0.032    -0.923

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