WASHINGTON - Jul 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 July 4, 2016 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.438 -0.004 -0.500 New England 2.482 -0.009 -0.578 Central Atlantic 2.535 0.000 -0.538 Lower Atlantic 2.355 -0.006 -0.455 II Midwest 2.389 0.000 -0.335 III Gulf Coast 2.282 -0.003 -0.430 IV Rocky Mountain 2.436 0.007 -0.349 V West Coast 2.709 -0.004 -0.360 less California 2.599 -0.001 -0.379 California 2.798 -0.005 -0.344 Total U.S. 2.423 -0.003 -0.409
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