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Pulse Price Report: July 3, 2017

Crop prices (July 3)

Rio Creek Feed Mill – Algoma

Commodity Price (per bushel) Basis Last Year
Corn $3.36 -0.35 $3.15
New-Crop Corn $3.42 -0.50 $3.19
Soybeans $8.67 -0.75 $10.84
New-Crop Soybeans $8.75 -0.80 $10.62
Wheat (SRW) $4.36 -0.75 $3.65
New-Crop Wheat (SRW) $4.26 -0.85 N/A

 

Fox River Valley Ethanol – Green Bay

Corn $3.28/bushel -0.53 $3.17
New-Crop Corn $3.45/bushel -0.47 $3.22

 

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: $2.23

United States one year ago: $2.27

Wisconsin: $2.21

Wisconsin one year ago: $2.36

Northern Door: $2.35

Sturgeon Bay: $2.26

 

Other Commodities

Gold: $1,220.70/troy ounce

Silver: $16.12/troy ounce

Oil: $46.79/barrel

 

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

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