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Weekly Commodity Wrap

Closing Prices February 15th, 2019 and weekly change.

 

Grains

March Corn                        $374.75        up      .50
March Soybeans               $907.50   down    7.00
March Wheat                    $504.25   down  13.00
March KC Wheat              $476.50   down  17.75

Livestock

April Live Cattle               $127.175  down     .75
April Lean Hogs               $58.425         up    1.10
March Feeder Cattle        $142.60    down    1.50

 

For the week ended February 15th, 2019 we saw the grains mostly lower again with the lone exception being March corn. Live cattle and feeder cattle were both lower while Lean Hogs were higher. We still do not have a trade deal with China and that has the grain trade uneasy.

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

And for more information on agricultural commodities and prices the CME Group is a good resource. Feel free to contact any of our team for more information on farm and land values as they relate to 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