WASHINGTON - May 1/14 - 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 28 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 4.065 -0.005 0.179 New England 4.208 -0.004 0.215 Central Atlantic 4.185 -0.006 0.251 Lower Atlantic 3.949 -0.004 0.118 II Midwest 3.947 0.001 0.108 III Gulf Coast 3.824 0.004 0.067 IV Rocky Mountain 3.982 0.006 0.172 V West Coast 4.055 0.025 0.106 less California 3.954 0.009 0.121 California 4.140 0.038 0.093 Total U.S. 3.975 0.004 0.124
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