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Weekly Commodity Wrap

Closing Prices April 26, 2019 and weekly change.

 

Grains

July Corn                           $361.25     down        6.00
July Soybeans                  $867.00      down      27.25
July Wheat                       $442.50      down        5.75
July KC Wheat                 $407.50      down     18.25

Livestock

June Live Cattle               $115.050    down    7.475
June Lean Hogs                 $88.750    down    8.000
August Feeder Cattle      $152.850   down     7.725

We saw yet another lower week in the grain and livestock sector. Uncertainty over a wetter forecast brought some late week strength into the corn market. The spread of African Swine flu in Asia is creating a potential decrease in demand for some soybean products. Some certainty of a deal with China is desperately needed to hopefully put in a bottom in these markets.

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 work for you!

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