WASHINGTON - May 22/14 - 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 12 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 4.027 -0.014 0.156 New England 4.139 -0.018 0.148 Central Atlantic 4.136 -0.020 0.211 Lower Atlantic 3.919 -0.008 0.110 II Midwest 3.901 -0.020 -0.033 III Gulf Coast 3.791 -0.006 0.016 IV Rocky Mountain 3.954 -0.016 0.106 V West Coast 4.025 -0.011 0.017 less California 3.923 -0.005 -0.009 California 4.110 -0.016 0.038 Total U.S. 3.934 -0.014 0.044
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