WASHINGTON - Jan 16/14 - 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 January 13 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 3.940 -0.010 -0.062 New England 4.107 -0.008 -0.061 Central Atlantic 4.045 -0.001 -0.049 Lower Atlantic 3.831 -0.016 -0.070 II Midwest 3.854 -0.034 0.020 III Gulf Coast 3.780 -0.022 -0.044 IV Rocky Mountain 3.886 -0.015 0.225 V West Coast 3.996 -0.038 0.008 less California 3.891 -0.043 -0.009 California 4.085 -0.034 0.022 Total U.S. 3.886 -0.024 -0.008
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