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Pulse Price Report: Jan. 17, 2018

Crop prices (Jan. 17)

Rio Creek Feed Mill – Algoma

Commodity Price (per bushel) Basis Last Year
Corn $3.02 -0.51 $3.04
Soybeans $8.81 -0.86 $9.56
Wheat $3.44 -0.76 $3.42
Oats $3.14 -0.59 N/A

 

United Cooperative – Denmark

Corn $3.08/bushel -0.45
New-Crop Corn $3.36/bushel -0.50
Wheat $3.52/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:  $2.53

United States one year ago:  $2.34

Wisconsin:  $2.50

Wisconsin one year ago:  $2.35

Northern Door:  $2.51

Sturgeon Bay:  $2.50

Southern Door:  $2.50

 

Other Commodities

Gold:  $1,336.00/troy ounce

Silver:  $17.14/troy ounce

Oil:  $64.00/barrel

 

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

 

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