WASHINGTON - Jun 16/16 - 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 June 13, 2016 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.449 0.013 -0.519 New England 2.492 0.021 -0.581 Central Atlantic 2.537 0.015 -0.580 Lower Atlantic 2.372 0.009 -0.462 II Midwest 2.390 0.029 -0.364 III Gulf Coast 2.307 0.029 -0.470 IV Rocky Mountain 2.413 0.023 -0.395 V West Coast 2.711 0.030 -0.390 less California 2.610 0.010 -0.391 California 2.791 0.045 -0.391 Total U.S. 2.431 0.024 -0.439
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