WASHINGTON - May 2/13 - 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 29 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 3.886 -0.038 -0.244 New England 3.993 -0.034 -0.262 Central Atlantic 3.934 -0.048 -0.286 Lower Atlantic 3.831 -0.031 -0.208 II Midwest 3.839 -0.029 -0.132 III Gulf Coast 3.757 -0.045 -0.223 IV Rocky Mountain 3.810 -0.036 -0.262 V West Coast 3.949 -0.041 -0.381 less California 3.833 -0.052 -0.419 California 4.047 -0.032 -0.349 Total U.S. 3.851 -0.036 -0.222
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