WASHINGTON - Dec 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 December 1 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 3.509 -0.011 -0.397 New England 3.587 -0.018 -0.453 Central Atlantic 3.590 -0.008 -0.359 Lower Atlantic 3.429 -0.012 -0.419 II Midwest 3.702 -0.041 -0.177 III Gulf Coast 3.501 -0.010 -0.279 IV Rocky Mountain 3.727 -0.013 -0.131 V West Coast 3.692 -0.029 -0.306 less California 3.651 -0.031 -0.278 California 3.726 -0.027 -0.330 Total U.S. 3.605 -0.023 -0.278
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