WASHINGTON - Nov 17/16 - 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 November 14, 2016 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.453 -0.021 -0.046 New England 2.482 -0.020 -0.062 Central Atlantic 2.564 -0.020 -0.045 Lower Atlantic 2.363 -0.021 -0.043 II Midwest 2.387 -0.038 -0.107 III Gulf Coast 2.316 -0.024 0.012 IV Rocky Mountain 2.492 -0.040 0.004 V West Coast 2.757 -0.009 0.062 less California 2.657 -0.016 0.055 California 2.837 -0.003 0.068 Total U.S. 2.443 -0.027 -0.039
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