WASHINGTON - Mar 24/16 - 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 21, 2016 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.172 0.019 -0.855 New England 2.228 0.024 -0.972 Central Atlantic 2.280 0.031 -0.951 Lower Atlantic 2.079 0.009 -0.758 II Midwest 2.090 0.025 -0.678 III Gulf Coast 1.991 0.001 -0.724 IV Rocky Mountain 2.056 0.057 -0.711 V West Coast 2.311 0.026 -0.690 less California 2.179 0.026 -0.636 California 2.418 0.028 -0.734 Total U.S. 2.119 0.020 -0.745
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