WASHINGTON - Nov 13/14 - 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 10 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 3.568 -0.029 -0.287 New England 3.659 -0.028 -0.332 Central Atlantic 3.634 -0.021 -0.269 Lower Atlantic 3.497 -0.036 -0.296 II Midwest 3.788 0.164 -0.010 III Gulf Coast 3.562 0.030 -0.190 IV Rocky Mountain 3.796 0.083 -0.040 V West Coast 3.782 -0.007 -0.194 less California 3.712 0.008 -0.169 California 3.841 -0.020 -0.214 Total U.S. 3.677 0.054 -0.155
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