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Pulse Price Report: Feb. 20, 2018

Crop prices (Feb. 20)

Rio Creek Feed Mill – Algoma

Commodity Price (per bushel) Basis Last Year
Corn $3.25 -0.41 $3.04
Soybeans $9.46 -0.81 $9.56
Wheat $3.79 -0.70 $3.42
Oats $3.16 -0.50 N/A

 

United Cooperative – Denmark

Corn $3.26/bushel -0.40
New-Crop Corn $3.48/bushel -0.48
Wheat $3.84/bushel -0.65

 

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:  $2.53

United States one year ago:  $2.28

Wisconsin:  $2.47

Wisconsin one year ago:  $2.26

Northern Door:  $2.45

Sturgeon Bay:  $2.46

Southern Door:  $2.40

 

Other Commodities

Gold:  $1,332.30/troy ounce

Silver:  $16.42/troy ounce

Oil:  $61/64/barrel

 

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

 

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