WASHINGTON - Jul 14/17 - 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 July 10, 2017 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.523 0.001 0.099 New England 2.578 0.000 0.109 Central Atlantic 2.672 0.001 0.151 Lower Atlantic 2.407 0.000 0.066 II Midwest 2.421 0.018 0.036 III Gulf Coast 2.311 0.004 0.050 IV Rocky Mountain 2.584 -0.001 0.139 V West Coast 2.771 0.012 0.063 less California 2.653 0.025 0.057 California 2.867 0.001 0.069 Total U.S. 2.481 0.009 0.067
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