WASHINGTON - Sep 22/16 - 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 19, 2016 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.391 -0.008 -0.157 New England 2.405 -0.005 -0.208 Central Atlantic 2.485 -0.010 -0.177 Lower Atlantic 3.275 -0.007 -0.132 II Midwest 2.366 -0.010 -0.081 III Gulf Coast 2.242 -0.014 -0.098 IV Rocky Mountain 2.482 -0.007 -0.040 V West Coast 2.652 -0.014 -0.062 less California 2.524 -0.029 -0.026 California 2.754 -0.002 -0.094 Total U.S. 2.389 -0.010 -0.104
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