WASHINGTON - Nov 20/14 - 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 17 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 3.542 -0.026 -0.299 New England 3.633 -0.026 -0.348 Central Atlantic 3.612 -0.022 -0.278 Lower Atlantic 3.469 -0.028 -0.310 II Midwest 3.786 -0.002 -0.008 III Gulf Coast 3.542 -0.020 -0.203 IV Rocky Mountain 3.767 -0.029 -0.069 V West Coast 3.762 -0.020 -0.192 less California 3.720 0.008 -0.152 California 3.797 -0.044 -0.225 Total U.S. 3.661 -0.016 -0.161
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