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Pulse Price Report: June 5

Crop prices (June 5)

Rio Creek Feed Mill – Algoma

Commodity Price (per bushel) Basis Last Year
Corn $3.35 -0.49 $3.13
Soybeans $9.27 -0.76 $8.37
Wheat $4.35 -0.80 $3.49
Oats $2.345 0.00 N/A

 

United Cooperative – Denmark

Corn $3.00/bushel -0.47
New-Crop Corn $3.56/bushel -0.48
Wheat $4.40/bushel -0.75

 

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:  $2.94

United States one year ago:  $2.38

Wisconsin:  $2.93

Wisconsin one year ago:  $2.36

Northern Door:  $2.98

Sturgeon Bay:  $2.89

Southern Door:  $2.85

Other Commodities

Gold:  $1,300.70/troy ounce

Silver:  $16.52/troy ounce

Oil:  $65.04/barrel

 

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

 

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