WASHINGTON - Jan 8/15 - 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 January 5 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 3.204 -0.053 -0.746 New England 3.287 -0.078 -0.828 Central Atlantic 3.303 -0.047 -0.743 Lower Atlantic 3.109 -0.052 -0.738 II Midwest 3.102 -0.104 -0.786 III Gulf Coast 3.045 -0.076 -0.757 IV Rocky Mountain 3.139 -0.100 -0.762 V West Coast 3.220 -0.049 -0.814 less California 3.074 -0.081 -0.860 California 3.341 -0.023 -0.778 Total U.S. 3.137 -0.076 -0.773
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