WASHINGTON - Dec 11/14 - 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 8 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 3.460 -0.049 -0.452 New England 3.525 -0.062 -0.541 Central Atlantic 3.539 -0.051 -0.433 Lower Atlantic 3.386 -0.043 -0.451 II Midwest 3.623 -0.079 -0.247 III Gulf Coast 3.434 -0.067 -0.339 IV Rocky Mountain 3.655 -0.072 -0.196 V West Coast 3.593 -0.099 -0.400 less California 3.519 -0.132 -0.387 California 3.655 -0.071 -0.411 Total U.S. 3.535 -0.070 -0.344
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