WASHINGTON - Oct 13/16 - 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 October 10, 2016 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.441 0.043 -0.113 New England 2.453 0.039 -0.125 Central Atlantic 2.540 0.054 -0.121 Lower Atlantic 2.363 0.036 -0.106 II Midwest 2.417 0.061 -0.217 III Gulf Coast 2.317 0.067 -0.022 IV Rocky Mountain 2.508 0.041 -0.008 V West Coast 2.712 0.054 -0.018 less California 2.591 0.067 -0.012 California 2.809 0.043 -0.024 Total U.S. 2.445 0.056 -0.111
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