WASHINGTON - Jul 21/16 - 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 18, 2016 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.411 -0.013 -0.462 New England 2.446 -0.023 -0.550 Central Atlantic 2.503 -0.018 -0.482 Lower Atlantic 2.332 -0.009 -0.430 II Midwest 2.369 -0.016 -0.310 III Gulf Coast 2.262 0.001 -0.412 IV Rocky Mountain 2.435 -0.010 -0.335 V West Coast 2.686 -0.022 -0.318 less California 2.569 -0.027 -0.304 California 2.780 -0.018 -0.331 Total U.S. 2.402 -0.012 -0.380
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