WASHINGTON - Feb 8/18 - 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 February 5, 2018 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 3.133 0.021 0.515 New England 3.188 0.028 0.527 Central Atlantic 3.324 0.018 0.561 Lower Atlantic 2.988 0.020 0.480 II Midwest 3.044 0.014 0.552 III Gulf Coast 2.874 0.006 0.471 IV Rocky Mountain 2.981 0.014 0.466 V West Coast 3.460 0.026 0.604 less California 3.144 0.024 0.396 California 3.711 0.028 0.767 Total U.S. 3.086 0.016 0.528
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