WASHINGTON - Oct 19/17 - 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 October 16, 2017 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.797 0.004 0.325 New England 2.747 -0.004 0.270 Central Atlantic 2.926 0.007 0.347 Lower Atlantic 2.714 0.002 0.325 II Midwest 2.757 0.019 0.299 III Gulf Coast 2.612 0.013 0.255 IV Rocky Mountain 2.886 0.030 0.340 V West Coast 3.089 0.001 0.347 less California 3.003 0.010 0.368 California 3.159 -0.007 0.331 Total U.S. 2.787 0.011 0.306
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