WASHINGTON - Jun 2/16 - 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 30, 2016 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.405 0.026 -0.596 New England 2.442 0.031 -0.650 Central Atlantic 2.505 0.041 -0.638 Lower Atlantic 2.322 0.014 -0.552 II Midwest 2.342 0.017 -0.462 III Gulf Coast 2.254 0.021 -0.545 IV Rocky Mountain 2.375 0.017 -0.460 V West Coast 2.650 0.053 -0.513 less California 2.718 0.216 -0.337 California 2.565 -0.108 -0.684 Total U.S. 2.382 0.025 -0.527
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