CALENDAR



Increase yields (and profit), harvest early

BASIS contractsOur buying stations are setup to receive your wet corn today.  Not only will you get paid more for August delivered corn, you will have more to harvest.  Research shows that farmers lose 8% of their yield by letting the crop dry in the field.  On top of that the crop quality is drastically improved the earlier the harvest.  Another benefit of harvesting the crop early is that you get to avoid bad weather.  Get it out and get on with your business.  Let us know if you have questions about delivering to us early, if there are no questions, trust that it makes economic sense to deliver to us in August.  We hope you have a safe and profitable harvest.  Example-1 and Example-2

discounted wheat seed FOR YOU!

wheatSmithfield Grain is excited to announce our new farmer seed program for the 2017 wheat harvest season.  The program will provide farmers that partner with us premium seed at a discounted price.  Please call us today to place your seed order, supplies are limited.  Details about the program can be found here -- Seed Program Details

Sorghum Success

sorghum clinic 04252016Farmers met with sorghum experts from Texas to learn more about how to be successful with sorghum in the mid-Atlantic region.  They also got a chance to read about the 3 different sorghum seed types that MBgrain is now offering farmers at a discounted price.  Seed is being purchased for farmers today for planting this upcoming season.  Please call your grain originator or dial Robbie Montgomery at 910-260-1633 to get more information.  You can read more about the seed profiles by click on the seed variety link:
Smithfield Golden     Smithfield Late

 

You can also find the sorghum best practices (planting/maintaining/harvesting) suited for our area by clicking here.

Sorghum Clinic - Friday, Apr 22

sorghum seed MarMBgrain will be hosting a sorghum clinic in Rose Hill, NC at our main office.  We will have sorghum experts presenting information on how to be successful with sorghum.  Sorghum is  a great fit for many farmers who might not have excellent corn land and who want the advantages it brings as part of a rotation crop.  This year may specifically be a great year for sorghum since soybean seed has been harder and harder to lock up.  If you would like to attend the Sorghum Clinic next Friday, Apr 22, please call Josh Goode at 910-284-2448 to register.  We will meet from 9am to 12pm, and lunch will follow.  Here is more information on the sorghum program we will offer this year to help make your business more successful.

Chart of the Week

Futures
Contract Previous Open High Low Last Change Close
CORN (December) 3.3175 3.3175 3.3250 3.2875 3.2925 -0.0250 3.2925
CORN (March) 3.4175 3.4150 3.4225 3.3875 3.3900 -0.0275 3.3900
CORN (May) 3.4875 3.4875 3.4875 3.4575 3.4625 -0.0250 3.4625
CORN (July) 3.5575 3.5550 3.5600 3.5300 3.5325 -0.0250 3.5325
CORN (September) 3.6275 3.6275 3.6275 3.6000 3.6025 -0.0250 3.6025
CORN (December) 3.7200 3.7200 3.7250 3.6925 3.6925 -0.0275 3.6925
SOYBEANS (November) 9.5250 9.5175 9.5575 9.4450 9.4550 -0.0700 9.4550
SOYBEANS (January) 9.5875 9.5800 9.6175 9.5125 9.5200 -0.0675 9.5200
SOYBEANS (March) 9.6525 9.6400 9.6750 9.5775 9.5825 -0.0700 9.5825
SOYBEANS (May) 9.7100 9.7000 9.7300 9.6400 9.6475 -0.0625 9.6475
SOYBEANS (July) 9.7575 9.7475 9.7825 9.6900 9.7000 -0.0575 9.7000
SOYBEANS (August) 9.7475 9.7400 9.7525 9.6900 9.6925 -0.0550 9.6925
SOYBEAN MEAL (October) 299.3 299.3 304.6 298.0 299.7 0.4 299.7
SOYBEAN MEAL (December) 299.6 299.5 304.3 298.1 299.4 -0.2 299.4
SOYBEAN MEAL (January) 300.8 300.7 305.3 299.6 300.5 -0.3 300.5
SOYBEAN MEAL (March) 302.6 302.5 307.1 301.6 302.5 -0.1 302.5
SOYBEAN MEAL (May) 304.0 304.0 308.5 303.5 304.2 0.2 304.2
SOYBEAN MEAL (July) 305.4 305.8 309.8 305.0 305.7 0.3 305.7
LIVE CATTLE (October) 103.825 102.825 104.175 101.525 103.475 -0.350 103.475
LIVE CATTLE (December) 103.125 102.700 104.375 101.550 103.625 0.500 103.625
LIVE CATTLE (February) 103.650 103.225 105.075 102.325 104.100 0.450 104.100
LEAN HOGS (October) 51.700 52.300 52.450 51.500 51.700 0.000 51.700
LEAN HOGS (December) 46.450 47.000 47.450 46.150 46.700 0.250 46.700
LEAN HOGS (February) 51.300 51.675 52.000 50.975 51.200 -0.100 51.200
FEEDER CATTLE (September) 134.825 135.000 135.500 134.800 135.175 0.350 135.175
FEEDER CATTLE (October) 126.850 126.175 130.700 125.750 128.025 1.175 128.025
FEEDER CATTLE (November) 123.375 122.575 126.900 122.025 124.650 1.275 124.650
DTN Click here for info on Exchange delays.

Basis