WASHINGTON - Feb 6/14 - 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 February 3 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 4.070 0.074 -0.018 New England 4.305 0.134 0.068 Central Atlantic 4.281 0.137 0.116 Lower Atlantic 3.868 0.016 -0.133 II Midwest 3.942 0.068 -0.036 III Gulf Coast 3.775 0.003 -0.166 IV Rocky Mountain 3.860 -0.003 0.016 V West Coast 3.994 0.015 -0.172 less California 3.902 0.027 -0.174 California 4.072 0.004 -0.170 Total U.S. 3.951 0.047 -0.071
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