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Pulse Price Report: Feb. 7, 2018

Crop prices (Feb. 7)

Rio Creek Feed Mill – Algoma

Commodity Price (per bushel) Basis Last Year
Corn $3.19 -0.45 $3.04
Soybeans $9.05 -0.80 $9.56
Wheat $3.86 -0.71 $3.42
Oats $3.13 -0.40 N/A

 

United Cooperative – Denmark

Corn $3.23/bushel -0.41
New-Crop Corn $3.46/bushel -0.48
Wheat $3.92/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:  $2.61

United States one year ago:  $2.27

Wisconsin:  $2.54

Wisconsin one year ago:  $2.23

Northern Door:  $2.56

Sturgeon Bay:  $2.54

Southern Door:  $2.50

 

Other Commodities

Gold:  $1,319.90/troy ounce

Silver:  $16.40/troy ounce

Oil:  $61.77/barrel

 

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

 

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