WASHINGTON - Jul 9/15 - 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 July 6 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.938 -0.016 -1.040 New England 3.060 -0.011 -1.038 Central Atlantic 3.073 -0.021 -0.996 Lower Atlantic 2.810 -0.013 -1.072 II Midwest 2.724 -0.007 -1.138 III Gulf Coast 2.712 -0.018 -1.090 IV Rocky Mountain 2.785 0.009 -1.124 V West Coast 3.069 0.001 -0.998 less California 2.978 0.000 -1.007 California 3.142 0.001 -0.993 Total U.S. 2.832 -0.011 -1.081
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