Closing Prices March 1st, 2019 and weekly change.
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
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.