WASHINGTON - Feb 20/14 - 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 17 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 4.129 0.013 -0.070 New England 4.373 0.004 0.039 Central Atlantic 4.357 -0.006 0.103 Lower Atlantic 3.913 0.029 -0.220 II Midwest 3.993 0.024 -0.139 III Gulf Coast 3.783 -0.005 -0.285 IV Rocky Mountain 3.905 0.037 -0.127 V West Coast 4.000 0.002 -0.303 less California 3.911 0.010 -0.325 California 4.075 -0.005 -0.286 Total U.S. 3.989 0.012 -0.168
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