WASHINGTON - Aug 6/15 - 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 August 3 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.769 -0.040 -1.137 New England 2.895 -0.037 -1.124 Central Atlantic 2.885 -0.033 -1.104 Lower Atlantic 2.654 -0.047 -1.163 II Midwest 2.561 -0.058 -1.237 III Gulf Coast 2.536 -0.075 -1.218 IV Rocky Mountain 2.685 -0.050 -1.192 V West Coast 2.906 -0.051 -1.110 less California 2.761 -0.053 -1.169 California 3.024 -0.048 -1.063 Total U.S. 2.668 -0.055 -1.185
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