WASHINGTON Oct 16/15 - 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 October 12, 2015 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.554 0.030 -1.160 New England 2.578 0.002 -1.237 Central Atlantic 2.661 0.030 -1.123 Lower Atlantic 2.469 0.037 -1.169 II Midwest 2.634 0.145 -1.002 III Gulf Coast 2.339 0.016 -1.298 IV Rocky Mountain 2.516 0.015 -1.234 V West Coast 2.730 0.036 -1.161 less California 2.603 0.043 -1.199 California 2.833 0.030 -1.132 Total U.S. 2.556 0.064 -1.142
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