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Pulse Price Report: May 8

Crop prices (May 8)

Rio Creek Feed Mill – Algoma

Commodity Price (per bushel) Basis Last Year
Corn $3.53 -0.50 $3.26
Soybeans $9.42 -0.79 $9.52
Wheat $4.42 -0.73 $3.63
Oats $2.36 1.00 N/A

 

United Cooperative – Denmark

Corn $3.53/bushel -0.40
New-Crop Corn $3.71/bushel -0.48
Wheat $4.40/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:  $2.81

United States one year ago:  $2.35

Wisconsin:  $2.72

Wisconsin one year ago:  $2.31

Northern Door:  $2.73

Sturgeon Bay:  $2.69

Southern Door:  $2.65

 

Other Commodities

Gold:  $1,312.10/troy ounce

Silver:  $16.44/troy ounce

Oil:  $68.64/barrel

 

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

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