WASHINGTON - Mar 19/15 - 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 16 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 3.082 -0.023 -1.056 New England 3.270 -0.062 -1.043 Central Atlantic 3.311 -0.022 -1.003 Lower Atlantic 2.870 -0.014 -1.103 II Midwest 2.820 -0.032 -1.174 III Gulf Coast 2.763 -0.032 -1.040 IV Rocky Mountain 2.812 0.011 -1.179 V West Coast 3.064 -0.032 -0.956 less California 2.894 -0.032 -1.048 California 3.202 -0.031 -0.885 Total U.S. 2.917 -0.027 -1.086
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