WASHINGTON - May 31/18 - 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 28, 2018 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 3.287 0.016 0.679 New England 3.307 0.025 0.685 Central Atlantic 3.443 0.023 0.692 Lower Atlantic 3.174 0.011 0.669 II Midwest 3.230 0.012 0.718 III Gulf Coast 3.054 -0.001 0.631 IV Rocky Mountain 3.353 0.005 0.692 V West Coast 3.784 0.019 0.941 less California 3.514 0.011 0.779 California 3.997 0.024 1.066 Total U.S. 3.288 0.011 0.717
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