WASHINGTON - July 18/19 - 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 15, 2019 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 3.080 -0.001 -0.156 New England 3.131 -0.003 -0.152 Central Atlantic 3.272 -0.003 -0.133 Lower Atlantic 2.941 0.001 -0.167 II Midwest 2.956 -0.012 -0.215 III Gulf Coast 2.805 0.001 -0.199 IV Rocky Mountain 2.975 -0.005 -0.395 V West Coast 3.624 0.000 -0.117 less California 3.209 0.001 -0.247 California 3.952 -0.001 -0.016 Total U.S. 3.051 -0.004 -0.188
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