Pulse Gas and Commodities Price Report, Sept. 11
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Crop prices (Sept. 7)
Rio Creek Feed Mill – Algoma
| Commodity | Price | Basis |
| Corn | $3.23/bushel | -0.40 |
| Soybeans | $8.36/bushel | -0.31 |
| Wheat (SRW) | $4.13/bushel | -0.55 |
Fox River Valley Ethanol – Green Bay
| Corn | $3.34/bushel | -0.29 |
| New-Corn Crop | $3.28/bushel | -0.35 |
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).
Agriculture News
On Sept. 4, Gov. Scott Walker proclaimed September as soybean month. “Last year the state of Wisconsin grew 78.8 million bushels of soybeans with a value of $795 million, contributing significant benefits to Wisconsin’s agricultural economy,” Walker stated in his proclamation. The U.S. Department of Agriculture estimates Wisconsin farmers will harvest a record amount of soybeans this year. (wisfarmer.com)
Gas Price Averages
United States: $2.39
United States one year ago: $3.44
Wisconsin: $2.50
Wisconsin one year ago: $3.46
Northern Door: $2.59
Sturgeon Bay: $2.48
Other Commodities
Gold: $1,119/troy ounce
Silver: $14.48/troy ounce
Oil: $45.21/barrel
Live Cattle: $1.40/pound
Lean Hogs: $0.69/pound
Sources: aaa.com, agweb.com, gasbuddy.com, cnn.money