WASHINGTON - Feb 11/16 - 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 February 8, 2016 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.087 -0.024 -0.843 New England 2.201 -0.018 -0.838 Central Atlantic 2.224 -0.015 -0.818 Lower Atlantic 1.959 -0.033 -0.863 II Midwest 1.929 -0.012 -0.840 III Gulf Coast 1.896 -0.021 -0.865 IV Rocky Mountain 1.914 -0.055 -0.862 V West Coast 2.236 -0.037 -0.688 less California 2.073 -0.044 -0.683 California 2.369 -0.030 -0.692 Total U.S. 2.008 -0.023 -0.827
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