WASHINGTON Aug 27/15 - 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 August 24 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.647 -0.049 -1.208 New England 2.739 -0.064 -1.216 Central Atlantic 2.777 -0.039 -1.158 Lower Atlantic 2.529 -0.054 -1.242 II Midwest 2.487 -0.052 -1.276 III Gulf Coast 2.414 -0.064 -1.318 IV Rocky Mountain 2.592 -0.035 -1.283 V West Coast 2.767 -0.064 -1.243 less California 2.610 -0.080 -1.311 California 2.894 -0.051 -1.190 Total U.S. 2.561 -0.054 -1.260
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