WASHINGTON - Jan 11/18 - 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 January 8, 2018 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 3.025 0.045 0.377 New England 3.077 0.067 0.400 Central Atlantic 3.209 0.058 0.396 Lower Atlantic 2.887 0.033 0.361 II Midwest 2.947 0.012 0.400 III Gulf Coast 2.785 0.011 0.337 IV Rocky Mountain 2.974 -0.007 0.433 V West Coast 3.394 0.033 0.521 less California 3.087 0.014 0.313 California 3.638 0.048 0.685 Total U.S. 2.996 0.023 0.399
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