WASHINGTON - Jan 29/15 - 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 26 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.967 -0.051 -1.029 New England 3.018 -0.054 -1.153 Central Atlantic 3.078 -0.053 -1.066 Lower Atlantic 2.870 -0.048 -0.982 II Midwest 2.804 -0.085 -1.070 III Gulf Coast 2.786 -0.057 -0.986 IV Rocky Mountain 2.812 -0.072 -1.051 V West Coast 2.942 -0.069 -1.037 less California 2.763 -0.063 -1.112 California 3.090 -0.075 -0.978 Total U.S. 2.866 -0.067 -1.038
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