WASHINGTON - September 6/18 - 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 September 3, 2018 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 3.235 0.016 0.450 New England 3.270 0.003 0.547 Central Atlantic 3.399 0.014 0.513 Lower Atlantic 3.114 0.020 0.389 II Midwest 3.191 0.038 0.484 III Gulf Coast 3.035 0.031 0.420 IV Rocky Mountain 3.364 0.000 0.566 V West Coast 3.742 0.023 0.698 less California 3.469 0.036 0.538 California 3.959 0.014 0.824 Total U.S. 3.252 0.026 0.494
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