WASHINGTON - May 1/20 - 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 April 20, 2020 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.576 -0.023 -0.598 New England 2.709 -0.006 -0.508 Central Atlantic 2.747 -0.035 -0.623 Lower Atlantic 2.434 -0.016 -0.599 II Midwest 2.326 -0.027 -0.716 III Gulf Coast 2.272 -0.017 -0.645 IV Rocky Mountain 2.471 -0.026 -0.672 V West Coast 2.974 -0.054 -0.722 less California 2.640 -0.055 -0.669 California 3.248 -0.054 -0.755 Total United States 2.480 -0.027 -0.667
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