STAT Communications Ag Market News

U.S. Diesel Fuel Cost Survey

WASHINGTON - Mar 17/16 - 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 14, 2016
                        (US$/gallon)
                                   Change    Change
Region Location           Price   Week ago  Year ago
I      East Coast         2.153     0.076     -0.929
       New England        2.204     0.057     -1.066
       Central Atlantic   2.249     0.061     -1.062
       Lower Atlantic     2.070     0.091     -0.800
II     Midwest            2.065     0.082     -0.755
III    Gulf Coast         1.990     0.083     -0.773
IV     Rocky Mountain     1.999     0.072     -0.813
V      West Coast         2.285     0.066     -0.779
         less California  2.153     0.056     -0.741
       California         2.390     0.074     -0.812
Total  U.S.               2.099     0.078     -0.818

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