WASHINGTON - Apr 24/14 - 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 April 21 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 4.070 0.002 0.146 New England 4.212 -0.008 0.185 Central Atlantic 4.191 -0.002 0.209 Lower Atlantic 3.953 0.006 0.091 II Midwest 3.946 0.014 0.078 III Gulf Coast 3.820 0.030 0.018 IV Rocky Mountain 3.976 0.034 0.130 V West Coast 4.030 0.049 0.040 less California 3.945 0.052 0.060 California 4.102 0.046 0.023 Total U.S. 3.971 0.019 0.084
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