WASHINGTON - May 17/18 - 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 May 14, 2018 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 3.236 0.058 0.641 New England 3.251 0.036 0.625 Central Atlantic 3.380 0.044 0.643 Lower Atlantic 3.132 0.071 0.644 II Midwest 3.175 0.083 0.696 III Gulf Coast 3.012 0.057 0.630 IV Rocky Mountain 3.316 0.067 0.690 V West Coast 3.731 0.069 0.907 less California 3.482 0.073 0.754 California 3.929 0.066 1.027 Total U.S. 3.239 0.068 0.695
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