WASHINGTON - May 5/16 - 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 May 2, 2016 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.306 0.062 -0.672 New England 2.334 0.043 -0.732 Central Atlantic 2.396 0.053 -0.737 Lower Atlantic 2.232 0.073 -0.612 II Midwest 2.232 0.076 -0.483 III Gulf Coast 2.137 0.063 -0.614 IV Rocky Mountain 2.255 0.053 -0.509 V West Coast 2.481 0.075 -0.631 less California 2.357 -0.148 -0.614 California 2.579 0.297 -0.648 Total U.S. 2.266 0.068 -0.588
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