WASHINGTON - Sep 18/14 - 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 15 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 3.825 -0.019 -0.154 New England 3.911 -0.022 -0.177 Central Atlantic 3.905 -0.023 -0.139 Lower Atlantic 3.744 -0.016 -0.166 II Midwest 3.743 -0.008 -0.214 III Gulf Coast 3.706 -0.009 -0.183 IV Rocky Mountain 3.858 -0.011 -0.083 V West Coast 4.019 -0.015 -0.119 less California 3.967 -0.012 -0.065 California 4.062 -0.017 -0.166 Total U.S. 3.801 -0.013 -0.173
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