WASHINGTON - Dec 1/16 - 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 November 28, 2016 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.446 0.004 -0.009 New England 2.472 0.001 -0.055 Central Atlantic 2.549 0.000 -0.018 Lower Atlantic 2.361 0.006 0.006 II Midwest 2.356 0.000 -0.055 III Gulf Coast 2.290 -0.006 0.036 IV Rocky Mountain 2.450 -0.005 -0.001 V West Coast 2.727 -0.003 0.103 less California 2.635 -0.002 0.125 California 2.800 -0.004 0.083 Total U.S. 2.420 -0.001 -0.001
Only active subscribers can read all of this article.
If you are a subscriber, please log into the website.
If you are not a subscriber, click here to subscribe to this edition of the STAT website and to learn more about becoming a subscriber.