WASHINGTON - Nov 16/17 - 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 November 13, 2017 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.884 0.036 0.431 New England 2.850 0.038 0.368 Central Atlantic 3.018 0.043 0.454 Lower Atlantic 2.795 0.031 0.432 II Midwest 2.884 0.023 0.497 III Gulf Coast 2.697 0.029 0.381 IV Rocky Mountain 2.992 0.027 0.500 V West Coast 3.390 0.058 0.633 less California 3.120 0.045 0.463 California 3.610 0.069 0.773 Total U.S. 2.915 0.033 0.472
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