WASHINGTON - Jun 30/16 - 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 27, 2016 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.442 -0.001 -0.512 New England 2.491 -0.003 -0.580 Central Atlantic 2.535 -0.007 -0.559 Lower Atlantic 2.361 0.003 -0.462 II Midwest 2.389 0.003 -0.342 III Gulf Coast 2.285 -0.011 -0.445 IV Rocky Mountain 2.429 0.016 -0.347 V West Coast 2.713 0.007 -0.355 less California 2.600 -0.006 -0.378 California 2.803 0.017 -0.338 Total U.S. 2.426 0.000 -0.417
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