WASHINGTON - Aug 14/14 - 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 11 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 3.887 -0.019 -0.021 New England 3.982 -0.037 -0.063 Central Atlantic 3.974 -0.015 0.002 Lower Atlantic 3.800 -0.017 -0.034 II Midwest 3.787 -0.011 -0.075 III Gulf Coast 3.750 -0.004 -0.074 IV Rocky Mountain 3.876 -0.001 -0.054 V West Coast 4.016 0.000 -0.029 less California 3.935 0.005 -0.011 California 4.084 -0.003 -0.044 Total U.S. 3.843 -0.010 -0.053
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