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Pulse Price Report: Jan. 10, 2018

Crop prices (Jan. 10)

Rio Creek Feed Mill – Algoma

Commodity Price (per bushel) Basis Last Year
Corn $2.98 -0.50 $3.04
Soybeans $8.72 -0.81 $9.56
Wheat $3.59 -0.74 $3.42
Oats $3.11 -0.60 N/A

 

United Cooperative – Denmark

Corn $3.02/bushel -0.46
New-Crop Corn $3.32/bushel -0.50
Wheat $3.65/bushel -0.68

 

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:  $2.49

United States one year ago:  $2.36

Wisconsin:  $2.49

Wisconsin one year ago:  $2.37

Northern Door:  $2.65

Sturgeon Bay:  $2.51

Southern Door:  $2.50

 

Other Commodities

Gold:  $1,319.40/troy ounce

Silver:  $17.03/troy ounce

Oil:  $63.35/barrel

 

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

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