WASHINGTON - July 26/18 - 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 23, 2018 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 3.217 -0.019 0.671 New England 3.269 -0.014 0.695 Central Atlantic 3.389 -0.016 0.704 Lower Atlantic 3.087 -0.021 0.646 II Midwest 3.142 -0.029 0.690 III Gulf Coast 2.993 -0.011 0.651 IV Rocky Mountain 3.369 -0.001 0.771 V West Coast 3.718 -0.023 0.930 less California 3.436 -0.020 0.758 California 3.943 -0.025 1.066 Total U.S. 3.220 -0.019 0.713
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