STAT Communications Ag Market News

U.S. Diesel Fuel Cost Survey

WASHINGTON - Aug 25/16 - 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 August 22, 2016
                        (US$/gallon)
                                   Change    Change
Region Location           Price   Week ago  Year ago
I      East Coast         2.367     0.053    -0.280
       New England        2.391     0.023    -0.348
       Central Atlantic   2.457     0.051    -0.320
       Lower Atlantic     2.294     0.061    -0.235
II     Midwest            2.342     0.069    -0.145
III    Gulf Coast         2.249     0.070    -0.165
IV     Rocky Mountain     2.435     0.041    -0.157
V      West Coast         2.623     0.040    -0.144
        less California   2.498     0.057    -0.112
       California         2.723     0.027    -0.171
Total  U.S.               2.370     0.060    -0.191

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