WASHINGTON - Aug 31/17 - 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 August 28, 2017 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.623 0.006 0.213 New England 2.618 0.002 0.195 Central Atlantic 2.758 0.002 0.262 Lower Atlantic 2.528 0.009 0.187 II Midwest 2.566 -0.001 0.175 III Gulf Coast 2.428 0.020 0.159 IV Rocky Mountain 2.717 0.003 0.241 V West Coast 2.910 0.027 0.252 less California 2.806 0.020 0.251 California 2.995 0.034 0.254 Total U.S. 2.605 0.009 0.196
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