WASHINGTON - June 14/18 - 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 June 11, 2018 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 3.264 -0.018 0.695 New England 3.292 -0.010 0.678 Central Atlantic 3.420 -0.022 0.709 Lower Atlantic 3.148 -0.018 0.689 II Midwest 3.199 -0.025 0.745 III Gulf Coast 3.037 -0.018 0.669 IV Rocky Mountain 3.344 -0.015 0.700 V West Coast 3.769 -0.015 0.964 less California 3.489 -0.019 0.808 California 3.990 -0.013 1.084 Total U.S. 3.266 -0.019 0.742
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