WASHINGTON - Nov 12/09 - 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 November 9 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.821 -0.013 -0.239 New England 2.866 -0.012 -0.400 Central Atlantic 2.926 -0.014 -0.277 Lower Atlantic 2.722 -0.063 -0.258 II Midwest 2.779 -0.007 -0.109 III Gulf Coast 2.746 -0.003 -0.149 IV Rocky Mountain 2.823 0.013 -0.141 V West Coast 2.909 -0.001 -0.001 California 2.972 -0.002 0.059 Total U.S. 2.801 -0.007 -0.143
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