WASHINGTON - Mar 21/13 - 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 18 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 4.082 -0.038 -0.102 New England 4.204 -0.039 -0.055 Central Atlantic 4.140 -0.031 -0.129 Lower Atlantic 4.016 -0.042 -0.090 II Midwest 4.015 -0.028 -0.025 III Gulf Coast 3.989 -0.047 -0.064 IV Rocky Mountain 3.971 -0.039 -0.148 V West Coast 4.162 -0.065 -0.269 less California 4.105 -0.060 -0.267 California 4.212 -0.068 -0.269 Total U.S. 4.047 -0.041 -0.095
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