Weekly Commodity Wrap

Price Changes for the Week Ending 3.1.2019

davidson_realestate | March 1, 2019

Closing Prices March 1st, 2019 and weekly change.

 

Grains

March Corn                        $364.00     down    11.25
March Soybeans               $899.25     down    11.00
March Wheat                    $454.00     down    32.75
March KC Wheat              $440.75     down    17.75

Livestock

April Live Cattle               $129.550       up       .675
April Lean Hogs               $56.400         up       .95
March Feeder Cattle        $141.225      down   1.675

 

The grain market had a rough week with prices retreating across the board. Large supplies and world competition combined with the lack of news of a trade deal with China had the market heading lower. However late in the trade on Friday we had somewhat of a reversal from earlier lows to close higher on the day. Hopefully this will carry over into next week. Cattle and hogs posted gains with Feeder Cattle giving up some 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

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.