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Weekly Commodity Wrap

Closing Prices March 22th, 2019 and weekly change.



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


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.

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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