WASHINGTON - Aug 18/16 - 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 August 15, 2016 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.314 -0.007 -0.382 New England 2.368 -0.010 -0.435 Central Atlantic 2.406 -0.006 -0.410 Lower Atlantic 2.233 -0.008 -0.350 II Midwest 2.273 -0.002 -0.266 III Gulf Coast 2.179 -0.005 -0.299 IV Rocky Mountain 2.394 -0.002 -0.233 V West Coast 2.583 -0.012 -0.248 less California 2.441 -0.013 -0.249 California 2.696 -0.011 -0.249 Total U.S. 2.310 -0.006 -0.305
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