WASHINGTON - Dec 29/16 - 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 26, 2016 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.573 0.014 0.294 New England 2.611 0.024 0.246 Central Atlantic 2.687 0.020 0.275 Lower Atlantic 2.478 0.008 0.317 II Midwest 2.489 0.010 0.326 III Gulf Coast 2.421 0.011 0.281 IV Rocky Mountain 2.516 0.026 0.289 V West Coast 2.807 0.019 0.340 less California 2.727 0.022 0.409 California 2.871 0.017 0.262 Total U.S. 2.540 0.013 0.305
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