WASHINGTON - Jun 15/17 - 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 June 12, 2017 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.590 -0.009 0.141 New England 2.626 0.002 0.134 Central Atlantic 2.737 -0.007 0.200 Lower Atlantic 2.475 -0.015 0.103 II Midwest 2.498 -0.007 0.108 III Gulf Coast 2.411 -0.006 0.104 IV Rocky Mountain 2.667 0.003 0.254 V West Coast 2.829 -0.007 0.118 less California 2.713 -0.011 0.103 California 2.923 -0.004 0.132 Total U.S. 2.524 -0.040 0.093
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