WASHINGTON - Nov 6/14 - 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 November 3 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 3.597 -0.030 -0.281 New England 3.687 -0.037 -0.321 Central Atlantic 3.655 -0.038 -0.283 Lower Atlantic 3.533 -0.022 -0.275 II Midwest 3.624 0.013 -0.202 III Gulf Coast 3.532 -0.031 -0.237 IV Rocky Mountain 3.713 -0.001 -0.144 V West Coast 3.789 -0.010 -0.226 less California 3.704 -0.002 -0.219 California 3.861 -0.015 -0.231 Total U.S. 3.623 -0.012 -0.234
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