WASHINGTON - Jan 22/15 - 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 19 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 3.018 -0.116 -0.928 New England 3.072 -0.123 -1.046 Central Atlantic 3.131 -0.108 -0.929 Lower Atlantic 2.918 -0.121 -0.911 II Midwest 2.889 -0.121 -0.941 III Gulf Coast 2.843 -0.121 -0.928 IV Rocky Mountain 2.884 -0.143 -0.976 V West Coast 3.011 -0.115 -0.955 less California 2.826 -0.152 -1.035 California 3.165 -0.085 -0.891 Total U.S. 2.933 -0.120 -0.940
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