WASHINGTON - July 12/18 - 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 July 9, 2018 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 3.238 0.012 0.715 New England 3.279 -0.003 0.701 Central Atlantic 3.405 0.015 0.733 Lower Atlantic 3.112 0.010 0.705 II Midwest 3.176 0.005 0.755 III Gulf Coast 3.004 0.002 0.693 IV Rocky Mountain 3.370 0.012 0.786 V West Coast 3.749 0.003 0.978 less California 3.471 -0.004 0.818 California 3.970 0.010 1.103 Total U.S. 3.243 0.007 0.762
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