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Pulse Price Report: Oct. 31, 2017

Crop prices (Oct. 31)

Rio Creek Feed Mill – Algoma

Commodity Price (per bushel) Basis Last Year
Corn $3.03 -0.44 $3.00
Soybeans $8.84 -0.93 $9.27
Wheat $3.42 -0.77 $3.08
Oats $2.32 -0.28 N/A

 

United Cooperative – Denmark

Corn $2.75/bushel -0.50
New-Crop Corn $3.22/bushel -0.70
Wheat $3.44/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: $2.47

United States one year ago: $2.21

Wisconsin: $2.47

Wisconsin one year ago: $2.12

Northern Door: $2.54

Sturgeon Bay: $2.49

Southern Door: $2.50

 

Other Commodities

Gold: $1,270.40/troy ounce

Silver: $16.71/troy ounce

Oil: $54.20/barrel

 

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

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