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Pulse Price Report: Aug. 7, 2017

Crop prices (Aug. 7)

Rio Creek Feed Mill – Algoma

Commodity Price (per bushel) Basis Last Year
Corn $3.26 -0.41 $2.82
New-Crop Corn $3.36 -0.45 $2.85
Soybeans $8.67 -0.90 $9.05
New-Crop Soybeans $8.77 -0.80 $8.99
Wheat (SRW) $3.75 -0.80 $3.45

 

Fox River Valley Ethanol – Green Bay

Corn $3.18/bushel -0.49 $2.90
New-Crop Corn $3.41/bushel -0.40 $2.95

 

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: $2.35

United States one year ago: $2.12

Wisconsin: $2.33

Wisconsin one year ago: $2.17

Northern Door: $2.35

Sturgeon Bay: $2.31

Southern Door: $2.28

 

Other Commodities

Gold: $1,264.10/troy ounce

Silver: $16.24/troy ounce

Oil: $49.32/barrel

 

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

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