WASHINGTON - Nov 3/16 - 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 October 31, 2016 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.475 0.007 -0.017 New England 2.502 0.017 -0.044 Central Atlantic 2.583 0.002 -0.021 Lower Atlantic 2.388 0.010 -0.008 II Midwest 2.443 -0.008 -0.073 III Gulf Coast 2.353 0.000 0.063 IV Rocky Mountain 2.541 -0.009 0.044 V West Coast 2.766 0.019 0.069 less California 2.655 0.010 0.106 California 2.855 0.027 0.038 Total U.S. 2.479 0.001 -0.006
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