WASHINGTON - October 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 October 22, 2018 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 3.369 -0.013 0.572 New England 3.368 0.007 0.616 Central Atlantic 3.533 -0.011 0.609 Lower Atlantic 3.254 -0.018 0.539 II Midwest 3.333 -0.018 0.554 III Gulf Coast 3.152 -0.020 0.538 IV Rocky Mountain 3.408 0.008 0.491 V West Coast 3.871 -0.009 0.773 less California 3.587 -0.004 0.572 California 4.096 -0.013 0.930 Total U.S. 3.380 -0.014 0.583
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