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Pulse Price Report: July 11, 2017

Crop prices (July 11)

Rio Creek Feed Mill – Algoma

Commodity Price (per bushel) Basis Last Year
Corn $3.57 -0.45 $3.07
New-Crop Corn $3.65 -0.50 $3.12
Soybeans $9.45 -0.80 $10.22
New-Crop Soybeans $9.59 -0.80 $10.12
Wheat (SRW) $4.70 -0.80 $3.73

 

Fox River Valley Ethanol – Green Bay

Corn $3.49/bushel -0.53 $3.09
New-Crop Corn $3.68/bushel -0.47 $3.15

 

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: $2.26

United States one year ago: $2.30

Wisconsin: $2.23

Wisconsin one year ago: $2.30

Northern Door: $2.31

Sturgeon Bay: $2.25

 

Other Commodities

Gold: $1,207.90/troy ounce

Silver: $15.59/troy ounce

Oil: $44.61/barrel

 

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

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