Weekly Commodity Wrap

Price Changes for the Week Ending 5.31.2019

davidson_realestate | May 31, 2019

Closing Prices May 31st, 2019 and weekly change.



July Corn                           $427.00          up      22.75
July Soybeans                  $877.75          up      48.00
July Wheat                       $503.00          up      13.50
July KC Wheat                 $473.00          up      31.00


June Live Cattle               $108.475      down    2.70   
June Lean Hogs                 $81.725      down    4.70
August Feeder Cattle     $135.125      down    8.10

The grain market was sharply higher for the week with wet weather and delayed planting again being the main focus. However late Thursday President Trump threatened tariffs on Mexico if they cannot control the immigrants coming into the country. This was the main focus for a lower trade on Friday’s action.

The livestock sector was lower for the week with higher corn prices seen as well as the potential tariffs hurting the export of meat to Mexico.

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