WASHINGTON - Jan 15/16 - 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 January 11, 2016 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.229 -0.031 -0.905 New England 2.335 -0.009 -0.860 Central Atlantic 2.350 -0.041 -0.889 Lower Atlantic 2.116 -0.027 -0.923 II Midwest 2.096 -0.034 -0.914 III Gulf Coast 2.080 -0.034 -0.884 IV Rocky Mountain 2.134 -0.057 -0.893 V West Coast 2.426 -0.038 -0.700 less California 2.258 -0.045 -0.720 California 2.562 -0.033 -0.688 Total U.S. 2.177 -0.034 -0.876
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