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Pulse Price Report: Jan. 24, 2018

Crop prices (Jan. 24)

Rio Creek Feed Mill – Algoma

Commodity Price (per bushel) Basis Last Year
Corn $3.05 -0.51 $3.04
Soybeans $9.07 -0.83 $9.56
Wheat $3.52 -0.80 $3.42
Oats $3.35 -0.57 N/A

 

United Cooperative – Denmark

Corn $3.13/bushel -0.43
New-Crop Corn $3.39/bushel -0.50
Wheat $3.64/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:  $2.55

United States one year ago:  $2.30

Wisconsin:  $2.53

Wisconsin one year ago:  $2.30

Northern Door:  $2.50

Sturgeon Bay:  $2.53

Southern Door:  $2.50

 

Other Commodities

Gold:  $1,351.90/troy ounce

Silver:  $17.40/troy ounce

Oil:  $64.74/barrel

 

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

 

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