WASHINGTON - May 23/13 - 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 May 20 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 3.871 0.006 -0.128 New England 3.991 -0.004 -0.139 Central Atlantic 3.925 0.015 -0.154 Lower Atlantic 3.809 0.002 -0.107 II Midwest 3.934 0.025 0.080 III Gulf Coast 3.775 0.036 -0.086 IV Rocky Mountain 3.848 0.026 -0.139 V West Coast 4.008 0.039 -0.225 less California 3.932 0.049 -0.220 California 4.072 0.030 -0.231 Total U.S. 3.890 0.024 -0.066=
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