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Price Report: June 13

Crop prices (June 12)

Rio Creek Feed Mill – Algoma

Commodity Price (per bushel) Basis Last Year’s Price
Corn $3.28 -0.60 $3.85
New-Crop Corn $3.41 -0.65 $3.90
Soybeans $8.61 -0.81 $10.89
New-Crop Soybeans $8.68 -0.80 $10.84
Wheat (SRW) $3.71 -0.75 $4.21
New-Crop Wheat (SRW) $3.61 -0.85 N/A

 

Fox River Valley Ethanol – Green Bay

Corn $3.45 -0.43 $3.92
New-Crop Corn $3.59 -0.47 $3.97

 

Basis:  The difference between the local cash price for a commodity and the Chicago cash price (where the Board of Trade sets national futures price).

 

Gas Price Averages

United States:  $2.34

United States one year ago:  $2.38

Wisconsin:  $2.31

Wisconsin one year ago:  $2.51

Northern Door:  $2.40

Sturgeon Bay:  $2.35

 

Other Commodities (This year/Last year)

Gold (troy ounce):  $1,267.50 / $1,288.50

Silver (troy ounce):  $16.94 / $17.40

Oil (barrel):  $46.08 / $47.90

 

Sources:  aaa.com, agweb.com, gasbuddy.com, money.cnn.com

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