WASHINGTON - May 29/15 - 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 May 25 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 3.014 0.007 -1.008 New England 3.101 0.008 -1.029 Central Atlantic 3.162 0.004 -0.965 Lower Atlantic 2.884 0.009 -1.032 II Midwest 2.800 0.009 -1.084 III Gulf Coast 2.803 0.010 -0.980 IV Rocky Mountain 2.830 0.017 -1.116 V West Coast 3.174 0.012 -0.853 less California 3.057 0.024 -0.872 California 3.269 0.001 -0.840 Total U.S. 2.914 0.010 -1.011
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