WASHINGTON - Jun 5/14 - 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 June 2 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 4.013 -0.009 0.158 New England 4.124 -0.006 0.140 Central Atlantic 4.116 -0.011 0.196 Lower Atlantic 3.910 -0.006 0.127 II Midwest 3.874 -0.010 -0.026 III Gulf Coast 3.783 0.000 0.013 IV Rocky Mountain 3.936 -0.010 0.070 V West Coast 4.021 -0.006 0.053 less California 3.923 -0.006 0.024 California 4.103 -0.006 0.078 Total U.S. 3.918 -0.007 0.049
Only active subscribers can read all of this article.
If you are a subscriber, please log into the website.
If you are not a subscriber, click here to subscribe to this edition of the STAT website and to learn more about becoming a subscriber.