STAT Communications Ag Market News

U.S. Diesel Fuel Cost Survey

WASHINGTON - Nov 3/16 - 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 October 31, 2016
                        (US$/gallon)
                                   Change    Change
Region Location           Price   Week ago  Year ago
I      East Coast         2.475     0.007    -0.017
       New England        2.502     0.017    -0.044
       Central Atlantic   2.583     0.002    -0.021
       Lower Atlantic     2.388     0.010    -0.008
II     Midwest            2.443    -0.008    -0.073
III    Gulf Coast         2.353     0.000     0.063
IV     Rocky Mountain     2.541    -0.009     0.044
V      West Coast         2.766     0.019     0.069
         less California  2.655     0.010     0.106
       California         2.855     0.027     0.038
Total  U.S.               2.479     0.001    -0.006

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