WASHINGTON - Oct 20/16 - 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 17, 2016 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.472 0.031 -0.052 New England 2.477 0.024 -0.085 Central Atlantic 2.579 0.039 -0.063 Lower Atlantic 2.389 0.026 -0.038 II Midwest 2.458 0.041 -0.142 III Gulf Coast 2.357 0.040 0.032 IV Rocky Mountain 2.546 0.038 0.023 V West Coast 2.742 0.030 0.038 less California 2.635 0.044 0.059 California 2.828 0.019 0.020 Total U.S. 2.481 0.036 -0.050
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