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Pulse Price Report: March 7, 2018

 

Rio Creek Feed Mill – Algoma

Commodity Price (per bushel) Basis Last Year
Corn $3.43 -0.46 $3.26
Soybeans $9.83 -0.86 $9.52
Wheat $4.22 -0.84 $3.63
Oats $2.99 -0.34 N/A

 

United Cooperative – Denmark

Corn $3.43/bushel -0.46
New-Crop Corn $3.58/bushel -0.48
Wheat $4.29/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:  $2.53

United States one year ago:  $2.31

Wisconsin:  $2.46

Wisconsin one year ago:  $2.27

Northern Door:  $2.53

Sturgeon Bay:  $2.45

Southern Door:  $2.40

 

Other Commodities

Gold:  $1,326.10/troy ounce

Silver:  $16.48/troy ounce

Oil:  $60.99/barrel

 

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

 

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