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Pulse Price Report: July 2

Crop prices (July 2)

Rio Creek Feed Mill – Algoma

Commodity Price (per bushel) Basis Last Year
Corn $2.91 -0.56 $3.13
Soybeans $7.69 -0.85 $8.37
Wheat $4.02 -0.78 $3.49
Oats $2.40 5.00 N/A

 

United Cooperative – Denmark

Corn $2.91/bushel -0.56
New-Crop Corn $3.11/bushel -0.48
Wheat $4.02/bushel -0.78

 

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:  $2.86

United States one year ago:  $2.23

Wisconsin:  $2.82

Wisconsin one year ago:  $2.22

Northern Door:  $2.88

Sturgeon Bay:  $2.84

Southern Door:  $2.75

 

Other Commodities

Gold:  $1,242.70/troy ounce

Silver:  $15.89/troy ounce

Oil:  $74.00/barrel

 

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

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