WASHINGTON - Aug 11/17 - 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 August 7, 2017 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.613 0.047 0.292 New England 2.618 0.028 0.240 Central Atlantic 2.751 0.045 0.339 Lower Atlantic 2.514 0.052 0.273 II Midwest 2.543 0.057 0.268 III Gulf Coast 2.410 0.051 0.226 IV Rocky Mountain 2.673 0.058 0.277 V West Coast 2.848 0.032 0.253 less California 2.747 0.043 0.293 California 2.930 0.023 0.223 Total U.S. 2.581 0.050 0.265
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