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Pulse Price Report: March 14, 2018

Crop prices (March 14)

Rio Creek Feed Mill – Algoma

Commodity Price (per bushel) Basis Last Year
Corn $3.45 -0.46 $3.26
Soybeans $9.57 -0.80 $9.52
Wheat $4.08 -0.81 $3.63
Oats $3.01 -0.45 N/A

 

United Cooperative – Denmark

Corn $3.35/bushel -0.46
New-Crop Corn $3.62/bushel -0.48
Wheat $4.12/bushel -0.77

 

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:  $2.52

United States one year ago:  $2.29

Wisconsin:  $2.47

Wisconsin one year ago:  $2.26

Northern Door:  $2.56

Sturgeon Bay:  $2.47

Southern Door:  $2.42

 

Other Commodities

Gold:  $1,324.90/troy ounce

Silver:  $16.53/troy ounce

Oil:  $60.70/barrel

 

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

 

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