WASHINGTON - May 12/16 - 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 May 9, 2016 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.306 0.003 -0.688 New England 2.334 0.005 -0.752 Central Atlantic 2.396 0.006 -0.749 Lower Atlantic 2.232 0.000 -0.628 II Midwest 2.232 0.009 -0.507 III Gulf Coast 2.137 -0.006 -0.640 IV Rocky Mountain 2.255 0.022 -0.495 V West Coast 2.481 0.012 -0.646 less California 2.357 0.011 -0.634 California 2.579 0.015 -0.656 Total U.S. 2.266 0.005 -0.607
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