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Pulse Price Report: May 29

Crop prices (May 29)

Rio Creek Feed Mill – Algoma

Commodity Price (per bushel) Basis Last Year
Corn $3.57 -0.48 $3.08
Soybeans $9.73 -0.76 $8.80
Wheat $4.74 -0.72 $3.43
Oats $2.52 0.00 N/A

 

United Cooperative – Denmark

Corn $3.58/bushel -0.47
New-Crop Corn $3.76/bushel -0.48
Wheat $4.71/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:  $2.97

United States one year ago:  $2.37

Wisconsin:  $2.95

Wisconsin one year ago:  $2.37

Northern Door:  $2.98

Sturgeon Bay:  $2.91

Southern Door:  $2.90

 

Other Commodities

Gold:  $1,301.50/troy ounce

Silver:  $16.42/troy ounce

Oil:  $66.72/barrel

 

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

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