WASHINGTON Sep 3/15 - 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 31 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.590 -0.057 -1.252 New England 2.673 -0.066 -1.271 Central Atlantic 2.714 -0.063 -1.211 Lower Atlantic 2.478 -0.051 -1.278 II Midwest 2.443 -0.044 -1.309 III Gulf Coast 2.376 -0.038 -1.344 IV Rocky Mountain 2.562 -0.030 -1.306 V West Coast 2.723 -0.044 -1.307 less California 2.564 -0.046 -1.409 California 2.851 -0.043 -1.228 Total U.S. 2.514 -0.047 -1.300
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