STAT Communications Ag Market News

U.S. Diesel Fuel Cost Survey

WASHINGTON - Feb 2/18 - 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 January 29, 2018
                        (US$/gallon)
                                   Change    Change
Region Location           Price   Week ago  Year ago
I      East Coast         3.112     0.034     0.490
       New England        3.160     0.024     0.498
       Central Atlantic   3.306     0.030     0.536
       Lower Atlantic     2.968     0.039     0.458
II     Midwest            3.030     0.059     0.530
III    Gulf Coast         2.868     0.053     0.460
IV     Rocky Mountain     2.967     0.012     0.451
V      West Coast         3.434     0.039     0.589
        less California   3.120     0.037     0.376
       California         3.683     0.040     0.756
Total  U.S.               3.070     0.045     0.508

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