WASHINGTON - Apr 9/15 - 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 April 6 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.950 -0.042 -1.125 New England 3.114 -0.050 -1.126 Central Atlantic 3.122 -0.057 -1.083 Lower Atlantic 2.786 -0.029 -1.160 II Midwest 2.675 -0.052 -1.267 III Gulf Coast 2.643 -0.032 -1.150 IV Rocky Mountain 2.725 -0.018 -1.230 V West Coast 2.918 -0.027 -1.064 less California 2.742 -0.016 -1.152 California 3.061 -0.035 -0.995 Total U.S. 2.784 -0.040 -1.175
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