WASHINGTON - Jul 31/14 - 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 28 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 3.910 -0.018 -0.021 New England 4.044 -0.008 -0.017 Central Atlantic 3.993 -0.021 0.000 Lower Atlantic 3.817 -0.019 -0.044 II Midwest 3.801 -0.009 -0.085 III Gulf Coast 3.767 -0.006 -0.078 IV Rocky Mountain 3.888 -0.001 -0.025 V West Coast 4.017 -0.009 -0.035 less California 3.928 -0.014 -0.042 California 4.090 -0.006 -0.032 Total U.S. 3.858 -0.011 -0.057
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