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.