WASHINGTON - May 8/14 - 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 May 5 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 4.055 -0.010 0.192 New England 4.181 -0.027 0.195 Central Atlantic 4.176 -0.009 0.265 Lower Atlantic 3.940 -0.009 0.136 II Midwest 3.935 -0.012 0.067 III Gulf Coast 3.813 -0.011 0.078 IV Rocky Mountain 3.978 -0.004 0.174 V West Coast 4.046 -0.009 0.123 less California 3.944 -0.010 0.114 California 4.132 -0.008 0.131 Total U.S. 3.964 -0.011 0.119
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