WASHINGTON - Jan 18/18 - 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 15, 2018 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 3.063 0.038 0.427 New England 3.114 0.037 0.439 Central Atlantic 3.263 0.054 0.459 Lower Atlantic 2.913 0.026 0.402 II Midwest 2.981 0.034 0.440 III Gulf Coast 2.825 0.040 0.396 IV Rocky Mountain 2.984 0.010 0.446 V West Coast 3.401 0.007 0.546 less California 3.098 0.011 0.343 California 3.641 0.003 0.704 Total U.S. 3.028 0.032 0.443
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