WASHINGTON - Oct 28/16 - 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 24, 2016 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.468 -0.004 -0.031 New England 2.485 0.008 -0.068 Central Atlantic 2.581 0.002 -0.039 Lower Atlantic 2.378 -0.011 -0.018 II Midwest 2.451 -0.007 -0.089 III Gulf Coast 2.353 -0.004 0.054 IV Rocky Mountain 2.550 0.004 0.042 V West Coast 2.747 0.005 0.044 less California 2.645 0.010 0.078 California 2.828 0.000 0.015 Total U.S. 2.478 -0.003 -0.020
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