WASHINGTON - Jan 25/18 - 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 22, 2018 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 3.078 0.015 0.451 New England 3.136 0.022 0.460 Central Atlantic 3.276 0.013 0.492 Lower Atlantic 2.929 0.016 0.422 II Midwest 2.971 -0.010 0.459 III Gulf Coast 2.815 -0.010 0.401 IV Rocky Mountain 2.955 -0.029 0.423 V West Coast 3.395 -0.006 0.549 less California 3.083 -0.015 0.333 California 3.643 0.002 0.720 Total U.S. 3.025 -0.003 0.456
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