WASHINGTON - Mar 15/18 - 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 March 12, 2018 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 3.024 -0.022 0.407 New England 3.107 -0.019 0.479 Central Atlantic 3.221 -0.019 0.460 Lower Atlantic 2.871 -0.023 0.359 II Midwest 2.899 -0.021 0.408 III Gulf Coast 2.782 -0.011 0.363 IV Rocky Mountain 2.290 -0.620 -0.327 V West Coast 3.386 -0.006 0.540 less California 3.052 -0.012 0.316 California 3.652 0.000 0.716 Total U.S. 2.976 -0.016 0.412
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