WASHINGTON - Jun 1/17 - 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 May 29, 2017 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.608 0.020 0.203 New England 2.622 -0.004 0.180 Central Atlantic 2.751 0.018 0.246 Lower Atlantic 2.505 0.026 0.183 II Midwest 2.512 0.044 0.170 III Gulf Coast 2.423 0.039 0.169 IV Rocky Mountain 2.661 0.032 0.286 V West Coast 2.843 0.015 0.193 less California 2.735 0.010 0.170 California 2.931 0.019 0.213 Total U.S. 2.571 0.032 0.189
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