WASHINGTON - May 14/20 - 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 May 11, 2020 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.498 -0.012 -0.678 New England 2.630 -0.022 -0.608 Central Atlantic 2.680 -0.008 -0.685 Lower Atlantic 2.348 -0.012 -0.687 II Midwest 2.240 -0.008 -0.806 III Gulf Coast 2.178 0.009 -0.727 IV Rocky Mountain 2.346 -0.024 -0.835 V West Coast 2.900 0.001 -0.890 less California 2.557 0.012 -0.798 California 3.182 -0.009 -0.954 Total United States 2.394 -0.005 -0.766
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