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Pulse Price Report: May 23

Crop prices (May 23)

Rio Creek Feed Mill – Algoma

Commodity Price (per bushel) Basis Last Year
Corn $3.57 -0.50 $3.08
Soybeans $9.54 -0.82 $8.80
Wheat $4,48 -0.75 $3.43
Oats $2.51 1.00 N/A

 

United Cooperative – Denmark

Corn $3.00/bushel -0.47
New-Crop Corn $3.77/bushel -0.48
Wheat $4.48/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:  $2.95

United States one year ago:  $2.36

Wisconsin:  $2.91

Wisconsin one year ago:  $2.34

Northern Door:  $2.90

Sturgeon Bay:  $2.88

Southern Door:  $2.81

Other Commodities

Gold:  $1,291.10/troy ounce

Silver:  $16.38/troy ounce

Oil:  $71.53/barrel

 

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

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