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Pulse Price Report: May 1

Crop prices (May 1)

Rio Creek Feed Mill – Algoma

Commodity Price (per bushel) Basis Last Year
Corn $3.52 -0.50 $3.26
Soybeans $9.65 -0.81 $9.52
Wheat $4.34 -0.76 $3.63
Oats $2.37 0.71 N/A

 

United Cooperative – Denmark

Corn $3.50/bushel -0.52
New-Crop Corn $3.69/bushel -0.48
Wheat $4.30/bushel -0.80

 

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:  $2.81

United States one year ago:  $2.38

Wisconsin:  $2.69

Wisconsin one year ago:  $2.35

Northern Door:  $2.68

Sturgeon Bay:  $2.67

Southern Door:  $2.60

 

Other Commodities

Gold:  $1,308.80/troy ounce

Silver:  $16.28/troy ounce

Oil:  $67.97/barrel

 

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

 

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