WASHINGTON - Mar 17/16 - 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 14, 2016 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.153 0.076 -0.929 New England 2.204 0.057 -1.066 Central Atlantic 2.249 0.061 -1.062 Lower Atlantic 2.070 0.091 -0.800 II Midwest 2.065 0.082 -0.755 III Gulf Coast 1.990 0.083 -0.773 IV Rocky Mountain 1.999 0.072 -0.813 V West Coast 2.285 0.066 -0.779 less California 2.153 0.056 -0.741 California 2.390 0.074 -0.812 Total U.S. 2.099 0.078 -0.818
Only active subscribers can read all of this article.
If you are a subscriber, please log into the website.
If you are not a subscriber, click here to subscribe to this edition of the STAT website and to learn more about becoming a subscriber.