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Pulse Price Report: Jan. 3, 2018

Crop prices (Jan. 3)

Rio Creek Feed Mill – Algoma

Commodity Price (per bushel) Basis Last Year
Corn $3.04 -0.49 $2.81
Soybeans $8.84 -0.82 $9.07
Wheat $3.61 -0.74 $3.16
Oats $3.04 -0.60 N/A

 

United Cooperative – Denmark

Corn $3.05/bushel -0.48
New-Crop Corn $3.17/bushel -0.69
Wheat $3.67/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: $2.35

Wisconsin: $2.46

Wisconsin one year ago: $2.37

Northern Door: $2.53

Sturgeon Bay: $2.51

Southern Door: $2.49

 

Other Commodities

Gold: $1,317.50/troy ounce

Silver: $17.20/troy ounce

Oil: $61.25/barrel

 

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

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