WASHINGTON - Aug 7/14 - 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 August 4 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 3.906 -0.004 -0.013 New England 4.019 -0.025 -0.037 Central Atlantic 3.989 -0.004 0.006 Lower Atlantic 3.817 0.000 -0.028 II Midwest 3.798 -0.003 -0.080 III Gulf Coast 3.754 -0.013 -0.087 IV Rocky Mountain 3.877 -0.011 -0.054 V West Coast 4.016 -0.001 -0.038 less California 3.930 0.002 -0.031 California 4.087 -0.003 -0.046 Total U.S. 3.853 -0.005 -0.056
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