WASHINGTON - Jul 2/15 - 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 June 29 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.954 -0.005 -1.029 New England 3.071 -0.014 -1.036 Central Atlantic 3.094 -0.008 -0.979 Lower Atlantic 2.823 -0.001 -1.064 II Midwest 2.731 -0.015 -1.138 III Gulf Coast 2.730 -0.025 -1.086 IV Rocky Mountain 2.776 -0.023 -1.141 V West Coast 3.068 -0.029 -1.005 less California 2.978 -0.029 -1.016 California 3.141 -0.029 -0.997 Total U.S. 2.843 -0.016 -1.077
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