WASHINGTON - Sep 1/16 - 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 29, 2016 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.410 0.043 -0.180 New England 2.423 0.032 -0.250 Central Atlantic 2.496 0.039 -0.218 Lower Atlantic 2.341 0.047 -0.137 II Midwest 2.391 0.049 -0.052 III Gulf Coast 2.269 0.020 -0.107 IV Rocky Mountain 2.476 0.041 -0.086 V West Coast 2.658 0.035 -0.065 less California 2.555 0.057 -0.009 California 2.741 0.018 -0.110 Total U.S. 2.409 0.039 -0.105
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