WASHINGTON - Sep 15/16 - 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 12, 2016 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.399 -0.009 -0.176 New England 2.410 -0.010 -0.243 Central Atlantic 2.495 -0.004 -0.199 Lower Atlantic 2.323 -0.012 -0.145 II Midwest 2.376 -0.011 -0.095 III Gulf Coast 2.256 -0.008 -0.106 IV Rocky Mountain 2.489 -0.004 -0.065 V West Coast 2.666 0.002 -0.067 less California 2.553 -0.010 -0.018 California 2.756 0.010 -0.107 Total U.S. 2.399 -0.008 -0.118
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