WASHINGTON - July 5/18 - 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 July 2, 2018 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 3.226 0.011 0.704 New England 3.282 0.001 0.704 Central Atlantic 3.390 0.010 0.719 Lower Atlantic 3.102 0.016 0.695 II Midwest 3.171 0.028 0.768 III Gulf Coast 3.002 0.024 0.695 IV Rocky Mountain 3.358 0.037 0.773 V West Coast 3.746 0.011 0.987 less California 3.475 0.022 0.847 California 3.960 0.001 1.094 Total U.S. 3.236 0.020 0.764
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