WASHINGTON - May 20/16 - 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 16, 2016 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.321 0.012 -0.686 New England 2.348 0.009 -0.745 Central Atlantic 2.410 0.008 -0.748 Lower Atlantic 2.248 0.016 -0.627 II Midwest 2.271 0.030 -0.520 III Gulf Coast 2.157 0.026 -0.636 IV Rocky Mountain 2.324 0.047 -0.489 V West Coast 2.530 0.037 -0.632 less California 2.425 0.057 -0.608 California 2.615 0.021 -0.653 Total U.S. 2.297 0.026 -0.607
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