WASHINGTON - Jul 17/14 - 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 14 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 3.961 -0.017 0.085 New England 4.078 -0.020 0.073 Central Atlantic 4.051 -0.018 0.112 Lower Atlantic 3.866 -0.016 0.062 II Midwest 3.837 -0.025 -0.015 III Gulf Coast 3.787 -0.015 -0.011 IV Rocky Mountain 3.896 -0.013 0.067 V West Coast 4.052 -0.015 0.055 less California 3.971 -0.014 0.054 California 4.119 -0.016 0.054 Total U.S. 3.894 -0.019 0.027
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