WASHINGTON - Jan 15/15 - 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 12 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 3.134 -0.070 -0.806 New England 3.195 -0.092 -0.912 Central Atlantic 3.239 -0.064 -0.806 Lower Atlantic 3.039 -0.070 -0.792 II Midwest 3.010 -0.092 -0.844 III Gulf Coast 2.964 -0.081 -0.816 IV Rocky Mountain 3.027 -0.112 -0.859 V West Coast 3.126 -0.094 -0.870 less California 2.978 -0.096 -0.913 California 3.250 -0.091 -0.835 Total U.S. 3.053 -0.084 -0.833
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