WASHINGTON - May 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 May 21, 2018 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 3.271 0.035 0.683 New England 3.282 0.031 0.656 Central Atlantic 3.420 0.040 0.687 Lower Atlantic 3.163 0.031 0.684 II Midwest 3.218 0.043 0.750 III Gulf Coast 3.055 0.043 0.671 IV Rocky Mountain 3.348 0.032 0.719 V West Coast 3.765 0.034 0.937 less California 3.503 0.021 0.778 California 3.973 0.044 1.061 Total U.S. 3.277 0.038 0.738
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