WASHINGTON - Mar 16/17 - 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 March 13, 2017 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.617 -0.016 0.464 New England 2.628 -0.018 0.424 Central Atlantic 2.761 -0.019 0.512 Lower Atlantic 2.512 -0.013 0.442 II Midwest 2.491 -0.011 0.426 III Gulf Coast 2.419 -0.010 0.429 IV Rocky Mountain 2.617 -0.008 0.618 V West Coast 2.846 -0.031 0.561 less California 2.736 -0.043 0.583 California 2.936 -0.020 0.546 Total U.S. 2.564 -0.015 0.465
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