WASHINGTON - Jul 28/16 - 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 25, 2016 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.387 -0.024 -0.422 New England 2.434 -0.012 -0.498 Central Atlantic 2.481 -0.022 -0.437 Lower Atlantic 2.306 -0.026 -0.395 II Midwest 2.341 -0.028 -0.278 III Gulf Coast 2.242 -0.020 -0.369 IV Rocky Mountain 2.434 -0.001 -0.301 V West Coast 2.663 -0.023 -0.294 less California 2.536 -0.033 -0.278 California 2.764 -0.016 -0.308 Total U.S. 2.379 -0.023 -0.344
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