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Pulse Price Report: Feb. 27, 2018

Crop prices (Feb. 27)

Rio Creek Feed Mill – Algoma

Commodity Price (per bushel) Basis Last Year
Corn $3.33 -0.46 $3.04
Soybeans $9.62 -0.88 $9.56
Wheat $3.96 -0.82 $3.42
Oats $3.20 -0.49 N/A

 

United Cooperative – Denmark

Corn $3.31/bushel -0.38
New-Crop Corn $3.51/bushel -0.48
Wheat $4.00/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:  $2.52

United States one year ago:  $2.29

Wisconsin:  $2.45

Wisconsin one year ago:  $2.24

Northern Door:  $2.47

Sturgeon Bay:  $2.47

Southern Door:  $2.40

 

Other Commodities

Gold:  $1,327.10/troy ounce

Silver:  $16.44/troy ounce

Oil:  $63.68/barrel

 

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

 

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