WASHINGTON - Mar 27/14 - 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 24 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 4.115 -0.023 0.065 New England 4.279 -0.034 0.108 Central Atlantic 4.277 -0.037 0.168 Lower Atlantic 3.963 -0.010 -0.020 II Midwest 3.975 -0.019 -0.004 III Gulf Coast 3.800 -0.003 -0.135 IV Rocky Mountain 3.984 -0.007 0.049 V West Coast 4.009 -0.011 -0.092 less California 3.925 -0.017 -0.121 California 4.081 -0.006 -0.066 Total U.S. 3.988 -0.015 -0.018
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