WASHINGTON - Jun 12/14 - 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 9 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 3.983 -0.030 0.144 New England 4.092 -0.032 0.114 Central Atlantic 4.079 -0.037 0.172 Lower Atlantic 3.886 -0.024 0.124 II Midwest 3.845 -0.029 -0.032 III Gulf Coast 3.769 -0.014 0.021 IV Rocky Mountain 3.909 -0.027 0.044 V West Coast 3.995 -0.026 0.050 less California 3.899 -0.024 0.029 California 4.074 -0.029 0.066 Total U.S. 3.892 -0.026 0.043
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