WASHINGTON - Mar 4/16 - 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 29, 2016 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.054 -0.005 -1.029 New England 2.154 -0.006 -1.137 Central Atlantic 2.171 -0.013 -1.122 Lower Atlantic 1.945 0.001 -0.935 II Midwest 1.937 0.016 -0.913 III Gulf Coast 1.874 0.001 -0.922 IV Rocky Mountain 1.881 0.020 -0.898 V West Coast 2.191 0.010 -0.906 less California 2.054 0.004 -0.880 California 2.302 0.014 -0.927 Total U.S. 1.989 0.006 -0.947
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