WASHINGTON - Jun 19/14 - 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 16 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 3.961 -0.022 0.126 New England 4.088 -0.004 0.108 Central Atlantic 4.052 -0.027 0.142 Lower Atlantic 3.863 -0.023 0.111 II Midwest 3.835 -0.010 -0.024 III Gulf Coast 3.770 0.001 0.029 IV Rocky Mountain 3.892 -0.017 0.044 V West Coast 3.994 -0.001 0.040 less California 3.903 0.004 0.029 California 4.069 -0.005 0.047 Total U.S. 3.882 -0.010 0.041
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