USDA Grain Transportation Report (1/19): Diesel Prices Drop For Second Week

According to today's USDA Grain Transportation Report, diesel prices dropped for a second week in the new year.

For the week ending January 16, the U.S. average diesel fuel price decreased 2.5 cents from the previous week to $4.524 per gallon, 79.9 cents above the same week last year.

Diesel prices dropped in every region this week except for the Gulf Coast (1 cent increase) and the Rocky Mountain (3.2 cent increase) regions.

In the Midwest, the average diesel price dropped by 1.6 cents to $4.374 per gallon, but is still 77.1 cents above the same price last year.