WASHINGTON - December 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 December 10, 2018 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 3.194 -0.035 0.293 New England 3.295 -0.015 0.395 Central Atlantic 3.368 -0.026 0.308 Lower Atlantic 3.053 -0.045 0.265 II Midwest 3.066 -0.051 0.203 III Gulf Coast 2.934 -0.055 0.229 IV Rocky Mountain 3.239 -0.052 0.248 V West Coast 3.652 -0.042 0.308 less California 3.357 -0.049 0.285 California 3.887 -0.035 0.327 Total U.S. 3.161 -0.046 0.251
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