WASHINGTON - November 8/18 - 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 November 5, 2018 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 3.329 -0.017 0.481 New England 3.362 -0.003 0.550 Central Atlantic 3.498 -0.025 0.523 Lower Atlantic 3.205 -0.012 0.441 II Midwest 3.286 -0.024 0.425 III Gulf Coast 3.106 -0.011 0.438 IV Rocky Mountain 3.398 -0.007 0.433 V West Coast 3.833 -0.015 0.501 less California 3.538 -0.026 0.463 California 4.068 -0.006 0.527 Total U.S. 3.338 -0.017 0.456
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