WASHINGTON - Mar 12/15 - 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 March 9 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 3.105 0.022 -1.053 New England 3.332 0.041 -1.030 Central Atlantic 3.333 0.040 -1.020 Lower Atlantic 2.884 0.004 -1.090 II Midwest 2.852 0.002 -1.161 III Gulf Coast 2.795 -0.001 -1.019 IV Rocky Mountain 2.801 0.022 -1.199 V West Coast 3.096 -0.001 -0.946 less California 2.926 -0.008 -1.034 California 3.233 0.004 -0.879 Total U.S. 2.944 0.008 -1.077
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