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Pulse Price Report: May 14

Crop prices (May 14)

Rio Creek Feed Mill – Algoma

Commodity Price (per bushel) Basis Last Year
Corn $3.46 -0.51 $3.08
Soybeans $9.37 -0.86 $8.80
Wheat $4,16 -0.78 $3.43
Oats $2.39 0.71 N/A

 

United Cooperative – Denmark

Corn $3.47/bushel -0.50
New-Crop Corn $3.67/bushel -0.48
Wheat $4.19/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:  $2.87

United States one year ago:  $2.34

Wisconsin:  $2.79

Wisconsin one year ago:  $2.30

Northern Door:  $2.80

Sturgeon Bay:  $2.80

Southern Door:  $2.70

 

Other Commodities

Gold:  $1,314.40/troy ounce

Silver:  $16.54/troy ounce

Oil:  $71.08/barrel

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

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