WASHINGTON - Mar 26/15 - 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 23 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 3.027 -0.055 -1.088 New England 3.200 -0.070 -1.079 Central Atlantic 3.231 -0.080 -1.046 Lower Atlantic 2.837 -0.033 -1.126 II Midwest 2.768 -0.052 -1.207 III Gulf Coast 2.715 -0.048 -1.085 IV Rocky Mountain 2.767 -0.045 -1.217 V West Coast 3.001 -0.063 -1.008 less California 2.815 -0.079 -1.110 California 3.152 -0.050 -0.929 Total U.S. 2.864 -0.053 -1.124
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