WASHINGTON - Jul 30/15 - 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 27 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.809 -0.064 -1.101 New England 2.932 -0.064 -1.112 Central Atlantic 2.918 -0.067 -1.075 Lower Atlantic 2.701 -0.061 -1.116 II Midwest 2.619 -0.060 -1.182 III Gulf Coast 2.611 -0.063 -1.156 IV Rocky Mountain 2.735 -0.035 -1.153 V West Coast 2.957 -0.047 -1.060 less California 2.814 -0.059 -1.114 California 3.072 -0.039 -1.018 Total U.S. 2.723 -0.059 -1.135
Only active subscribers can read all of this article.
If you are a subscriber, please log into the website.
If you are not a subscriber, click here to subscribe to this edition of the STAT website and to learn more about becoming a subscriber.