WASHINGTON - Mar 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 March 17 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 4.138 -0.020 0.056 New England 4.313 -0.049 0.109 Central Atlantic 4.314 -0.039 0.174 Lower Atlantic 3.973 -0.001 -0.043 II Midwest 3.994 -0.019 -0.021 III Gulf Coast 3.803 -0.011 -0.186 IV Rocky Mountain 3.991 -0.009 0.020 V West Coast 4.020 -0.022 -0.142 less California 3.942 -0.018 -0.163 California 4.087 -0.025 -0.125 Total U.S. 4.003 -0.018 -0.044
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