WASHINGTON - Jun 11/15 - 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 8 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.980 -0.021 -1.003 New England 3.076 -0.016 -1.016 Central Atlantic 3.122 -0.021 -0.957 Lower Atlantic 2.853 -0.021 -1.033 II Midwest 2.774 -0.030 -1.071 III Gulf Coast 2.783 -0.016 -0.986 IV Rocky Mountain 2.825 -0.010 -1.084 V West Coast 3.121 -0.042 -0.874 less California 3.001 -0.054 -0.898 California 3.217 -0.032 -0.857 Total U.S. 2.884 -0.025 -1.008
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