WASHINGTON - Mar 10/16 - 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 March 7, 2016 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.077 0.023 -1.028 New England 2.147 -0.007 -1.185 Central Atlantic 2.188 0.017 -1.145 Lower Atlantic 1.979 0.034 -0.905 II Midwest 1.983 0.046 -0.869 III Gulf Coast 1.907 0.033 -0.888 IV Rocky Mountain 1.927 0.046 -0.874 V West Coast 2.219 0.028 -0.877 less California 2.097 0.043 -0.829 California 2.316 0.014 -0.917 Total U.S. 2.021 0.032 -0.923
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