WASHINGTON - Aug 25/16 - 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 August 22, 2016 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.367 0.053 -0.280 New England 2.391 0.023 -0.348 Central Atlantic 2.457 0.051 -0.320 Lower Atlantic 2.294 0.061 -0.235 II Midwest 2.342 0.069 -0.145 III Gulf Coast 2.249 0.070 -0.165 IV Rocky Mountain 2.435 0.041 -0.157 V West Coast 2.623 0.040 -0.144 less California 2.498 0.057 -0.112 California 2.723 0.027 -0.171 Total U.S. 2.370 0.060 -0.191
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