WASHINGTON - Apr 4/13 - 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 April 1 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 4.025 -0.025 -0.165 New England 4.148 -0.023 -0.114 Central Atlantic 4.083 -0.026 -0.197 Lower Atlantic 3.958 -0.025 -0.151 II Midwest 3.970 -0.009 -0.072 III Gulf Coast 3.915 -0.020 -0.134 IV Rocky Mountain 3.922 -0.013 -0.203 V West Coast 4.116 0.015 -0.304 less California 4.016 -0.030 -0.362 California 4.200 0.053 -0.256 Total U.S. 3.993 -0.013 -0.149
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