WASHINGTON - Sep 4/14 - 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 September 1 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 3.842 -0.013 -0.151 New England 3.944 -0.011 -0.143 Central Atlantic 3.925 -0.010 -0.130 Lower Atlantic 3.756 -0.015 -0.174 II Midwest 3.752 -0.011 -0.215 III Gulf Coast 3.720 -0.012 -0.177 IV Rocky Mountain 3.868 -0.007 -0.069 V West Coast 4.030 0.020 -0.098 less California 3.973 0.052 -0.059 California 4.079 -0.005 -0.131 Total U.S. 3.814 -0.007 -0.167
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