WASHINGTON Oct 23/15 - 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 19, 2015 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.524 -0.030 -1.141 New England 2.562 -0.016 -1.189 Central Atlantic 2.642 -0.019 -1.095 Lower Atlantic 2.427 -0.042 -1.163 II Midwest 2.600 -0.034 -1.006 III Gulf Coast 2.325 -0.014 -1.264 IV Rocky Mountain 2.523 0.007 -1.215 V West Coast 2.704 -0.026 -1.131 less California 2.576 -0.027 -1.166 California 2.808 -0.025 -1.105 Total U.S. 2.531 -0.025 -1.125
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