WASHINGTON - Mar 22/18 - 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 19, 2018 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 3.009 -0.015 0.409 New England 3.101 -0.006 0.479 Central Atlantic 3.200 -0.021 0.462 Lower Atlantic 2.858 -0.013 0.360 II Midwest 2.898 -0.001 0.434 III Gulf Coast 2.786 0.004 0.406 IV Rocky Mountain 2.925 0.635 0.335 V West Coast 3.384 -0.002 0.558 less California 3.060 0.008 0.358 California 3.641 -0.011 0.713 Total U.S. 2.972 -0.004 0.433
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