Weekly Commodity Wrap

Price Changes for the Week Ending 3.22.2019

davidson_realestate | March 22, 2019

Closing Prices March 22th, 2019 and weekly change.

 

Grains

May Corn                           $378.25         up       5.00
May Soybeans                  $903.75    down       5.50
May Wheat                       $466.00         up       3.75
May KC Wheat                 $445.00         up       2.00

Livestock

April Live Cattle               $129.725      up              .625
April Lean Hogs                 $78.325      up            9.525
April Feeder Cattle          $148.800     up                .775

 

Corn and wheat futures ended the week higher, while soybean futures ended  lower as traders await next week’s trade negotiations with China.  Early Friday the USDA confirmed China’s 11.8 million-bushel purchase of U.S. corn, its largest purchase in more than 5 years. Livestock was higher as China continues to buy US pork. The week saw concern over the flooding in the western corn belt and the implications for the growing season.

If you would like to review our current inventory of farms and land for sale in Northwest Missouri click on this link Davidson Real Estate Farms for Sale

Feel free to contact any of our team for more information on farm and land values as they fluctuate with the ever changing commodity price changes.