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Weekly Commodity Wrap

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.

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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