WASHINGTON - Jul 27/17 - 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 July 24, 2017 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.546 0.014 0.159 New England 2.574 0.001 0.140 Central Atlantic 2.685 0.007 0.204 Lower Atlantic 2.441 0.021 0.135 II Midwest 2.452 0.014 0.111 III Gulf Coast 2.342 0.018 0.100 IV Rocky Mountain 2.598 0.011 0.164 V West Coast 2.788 0.017 0.125 less California 2.678 0.022 0.142 California 2.877 0.012 0.113 Total U.S. 2.507 0.016 0.128
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