STAT Communications Ag Market News

U.S. Diesel Fuel Cost Survey

WASHINGTON - Mar 24/16 - 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 21, 2016
                        (US$/gallon)
                                   Change    Change
Region Location           Price   Week ago  Year ago
I      East Coast         2.172     0.019    -0.855
       New England        2.228     0.024    -0.972
       Central Atlantic   2.280     0.031    -0.951
       Lower Atlantic     2.079     0.009    -0.758
II     Midwest            2.090     0.025    -0.678
III    Gulf Coast         1.991     0.001    -0.724
IV     Rocky Mountain     2.056     0.057    -0.711
V      West Coast         2.311     0.026    -0.690
         less California  2.179     0.026    -0.636
       California         2.418     0.028    -0.734
Total  U.S.               2.119     0.020    -0.745

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