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Pulse Price Report: Jan. 30, 2018

Crop prices (Jan. 30)

Rio Creek Feed Mill – Algoma

Commodity Price (per bushel) Basis Last Year
Corn $3.16 -0.46 $3.04
Soybeans $9.20 -0.80 $9.56
Wheat $3.87 -0.70 $3.42
Oats $3.10 -0.40 N/A

 

United Cooperative – Denmark

Corn $3.21/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:  $2.59

United States one year ago:  $2.27

Wisconsin:  $2.54

Wisconsin one year ago:  $2.27

Northern Door:  $2.59

Sturgeon Bay:  $2.52

Southern Door:  $2.50

 

Other Commodities

Gold:  $1,337.50/troy ounce

Silver:  $17.10/troy ounce

Oil:  $63.99/barrel

 

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

 

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