WASHINGTON - Jan 7/16 - 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 January 4, 2016 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.260 -0.019 -0.944 New England 2.344 -0.021 -0.943 Central Atlantic 2.391 -0.021 -0.912 Lower Atlantic 2.143 -0.018 -0.966 II Midwest 2.130 -0.033 -0.972 III Gulf Coast 2.114 -0.026 -0.931 IV Rocky Mountain 2.191 -0.036 -0.948 V West Coast 2.464 -0.003 -0.756 less California 2.303 0.011 -0.771 California 2.595 -0.014 -0.746 Total U.S. 2.211 -0.024 -0.926
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