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Weekly Commodity Wrap

Closing Prices April 5th, 2019 and weekly change.



May Corn                           $362.50      up           6.00
May Soybeans                  $899.00       up        14.75
May Wheat                       $467.75       up        10.00
May KC Wheat                 $431.25       up          1.25


April Live Cattle              $126.050     up          .35
April Lean Hogs                $79.025     up        1.655
April Feeder Cattle         $146.150     up           .90

Grain and livestock futures ended the week mostly higher following last weeks sharply lower late week close. Traders are still waiting to hear some positive development with the China trade negotiations as they continue to drag on. Rain and wet fields will continue to hamper planting into next week and possibly beyond. Hopefully we have seen the low’s for a while but that is definitely not guaranteed.

Feel free to to contact any of our agents for more information on farm and land values as they fluctuate with the ever changing commodity price changes. Commodity prices are one of the primary determining factors when it comes to the value of farm ground. General economic conditions as well as interest rates are contributing influences but the value of production is key. It is a primary justification for the price farmers will pay for land as well as for cash rent on investor owned ground.

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

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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