WASHINGTON - Mar 14/13 - 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 March 11 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 4.120 -0.047 -0.049 New England 4.243 -0.055 -0.007 Central Atlantic 4.171 -0.064 -0.076 Lower Atlantic 4.058 -0.034 -0.038 II Midwest 4.043 -0.042 0.027 III Gulf Coast 4.036 -0.029 0.000 IV Rocky Mountain 4.010 -0.037 -0.059 V West Coast 4.227 -0.053 -0.194 less California 4.165 -0.042 -0.183 California 4.280 -0.061 -0.203 Total U.S. 4.088 -0.042 -0.035
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