WASHINGTON - Jun 4/15 - 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 June 1 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 3.001 -0.013 -1.012 New England 3.092 -0.009 -1.032 Central Atlantic 3.143 -0.019 -0.973 Lower Atlantic 2.874 -0.010 -1.036 II Midwest 2.804 0.004 -1.070 III Gulf Coast 2.799 -0.004 -0.984 IV Rocky Mountain 2.835 0.005 -1.101 V West Coast 3.163 -0.011 -0.858 less California 3.055 -0.002 -0.868 California 3.249 -0.020 -0.854 Total U.S. 2.909 -0.005 -1.009
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