WASHINGTON - Dec 22/16 - 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 December 19, 2016 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.559 0.039 0.241 New England 2.587 0.040 0.190 Central Atlantic 2.667 0.034 0.229 Lower Atlantic 2.470 0.041 0.260 II Midwest 2.479 0.033 0.252 III Gulf Coast 2.410 0.039 0.229 IV Rocky Mountain 2.490 0.043 0.186 V West Coast 2.788 0.016 0.283 less California 2.705 0.015 0.332 California 2.854 0.017 0.243 Total U.S. 2.527 0.034 0.243
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