WASHINGTON - August 8/19 - 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 August 5, 2019 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 3.055 -0.004 -0.167 New England 3.107 0.001 -0.164 Central Atlantic 3.233 -0.013 -0.160 Lower Atlantic 2.923 -0.001 -0.170 II Midwest 2.942 0.002 -0.209 III Gulf Coast 2.787 -0.006 -0.208 IV Rocky Mountain 2.965 -0.002 -0.396 V West Coast 3.605 -0.001 -0.112 less California 3.182 -0.004 -0.250 California 3.940 0.000 -0.003Total U.S. 3.032 -0.002 -0.191
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