WASHINGTON - Sep 8/16 - 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 September 5, 2016 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.408 -0.002 -0.186 New England 2.420 -0.003 -0.243 Central Atlantic 2.499 0.003 -0.217 Lower Atlantic 2.335 -0.006 -0.154 II Midwest 2.387 -0.004 -0.096 III Gulf Coast 2.264 -0.005 -0.121 IV Rocky Mountain 2.493 0.017 -0.074 V West Coast 2.664 0.006 -0.082 less California 2.563 0.008 -0.027 California 2.746 0.005 -0.126 Total U.S. 2.407 -0.002 -0.127
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