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Weekly Commodity Wrap

Closing Prices May 3rd, 2019 and weekly change.



July Corn                           $370.75          up         9.50
July Soybeans                  $842.25      down      24.75
July Wheat                       $438.00      down        4.50
July KC Wheat                 $401.50      down        6.00


June Live Cattle               $113.425    down     1.625
June Lean Hogs                 $92.75           up      4.00
August Feeder Cattle      $146.375   down      6.475

We saw yet another lower week in the soybean and wheat markets with higher corn and hogs prices. Continued forecasts for wet and below normal temperatures has the potential for less corn being planted and possibly more soybeans. And the massive loss of hogs in China has our export of pork on fire! Everyone is waiting for a trade deal with China and some think it could be only a week or two away.

Call any of our land agents for an on farm visit to discuss the current prices on farms in your area. We have seasoned professionals ready to go to work for you getting your land sold! Recent inquiries for land have been brisk with new listings getting multiple showings in the first couple of days. The market is definitely in the spring rush of activity.

To review our current inventory of farms and land for sale in Northwest Missouri click on this link Davidson Real Estate Farms for Sale

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Neal Davidson

Broker & Owner
Neal grew up on a farm in Northwest Missouri and attended The University of Missouri, Columbia graduating with a B.S. in Agribusiness. After school Neal spent 10 years as a livestock dealer and then 5 years in banking. He is a graduate of the Missouri General Banking School and the National Ag Bank Management School at Iowa State. In the mid 90’s he started Davidson Real Estate and has been a top broker in land sales in Northwest Missouri for many years. It has always been his goal to support the agricultural sector and plight of the farmer and thus the firm historically has focused on land and farm sales. Today the company is much more involved in residential and commercial real estate as well. Other interests are thoroughbred horse racing and hiking in Rocky Mountain National Park. (Also an avid MU basketball fan) You can contact Neal directly at 816.632.8043