WASHINGTON - Jul 10/20 - 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 June 7, 2020 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.527 0.003 -0.554 New England 2.652 0.004 -0.482 Central Atlantic 2.696 -0.008 -0.579 Lower Atlantic 2.388 0.011 -0.552 II Midwest 2.306 0.007 -0.662 III Gulf Coast 2.204 0.010 -0.600 IV Rocky Mountain 2.345 0.002 -0.635 V West Coast 2.960 0.012 -0.664 less California 2.596 0.010 -0.612 California 3.260 0.014 -0.693 Total United States 2.437 0.007 -0.618
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