WASHINGTON - Jul 10/14 - 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 July 7 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 3.978 -0.005 0.147 New England 4.098 -0.009 0.133 Central Atlantic 4.069 -0.004 0.174 Lower Atlantic 3.882 -0.005 0.125 II Midwest 3.862 -0.007 0.041 III Gulf Coast 3.802 -0.014 0.049 IV Rocky Mountain 3.909 -0.008 0.098 V West Coast 4.067 -0.006 0.116 less California 3.985 -0.009 0.121 California 4.135 -0.003 0.109 Total U.S. 3.913 -0.007 0.085
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