CALENDAR



New Wheat Seed program

Last year's program was a success. Farmers enjoyed planting discounted, high quality seed, and harvesting a great wheat crop. This year we have the same popular, proven varieties that will surely be a success in your farming plan. The farmers who participated in this program harvested their wheat crop and quickly planted soybeans. Early harvested wheat was sent to our locations where there was no drying discount - getting the wheat up quickly removed the threat of bad weather. It also allowed soybeans to be planted sooner which will result in higher yields this fall. The double-crop strategy will result in higher yields from both crops, maximizing profits for your business, and improving the land as part of your rotation for future crops. It's time to sign up to buy wheat seed to plant this fall - call us today or click here for more program details.

Wheat Seed Program Update

wheat-fieldThe wheat looks great!  For those in the Wheat Seed Program, we're excited to introduce a collaboration with Smithfield Grain and Bayer Prosaro.  Prosaro improves yield and quality of your wheat which in turn impacts your bottom line!  Click here to learn more about the program and what Prosaro can do for your business!  For questions please call Robbie Montgomery at 910-260-1633.

 

Smithfield Grain expands - Ohio

smithfieldsign_embeddedSMITHFIELD, VA. — Smithfield Foods, a $14 billion global food company and the world’s largest pork processor and hog producer, said it is expanding its grain purchasing and handling operations by adding facilities in Harpster and Morral, Ohio. The acquisition of the facilities is expected to connect grain and soybean farmers with new, global markets while advancing Smithfield’s commitment to supply chain sustainability and proving the benefits of its vertically-integrated structure, the company said.


Smithfield said grain purchased at the Harpster buying station will feed hogs throughout Smithfield’s Eastern Hog Production Division. Meanwhile, soybeans from the Morral buying station will be loaded on location and transported to customers around the world, the company said.


“We’re now able to help feed nine million of our hogs in North Carolina with grain we source directly from Ohio farmers,” said Robbie Montgomery, grain origination manager for Smithfield Grain. “With this purchase, we will have the opportunity to make positive impacts to our product quality as well as our environmental footprint by collaborating directly with more farmers.”


The grain buying stations will be incorporated into Smithfield’s existing fertilizer optimization program, a collaborative project between Smithfield and the Environmental Defense Fund (EDF). The program, called SmithfieldGro, provides agronomy resources and tools to help farmers optimize their fertilizer application and improve soil health. The program’s expansion supports Smithfield in reaching its target of sourcing 75% of feed grain from sustainable origins by 2018.

Treated, high yielding wheat seed available - at a discount

wheat-program-2016Smithfield 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

Chart of the Week

Futures
Contract Previous Open High Low Last Change Close
CORN (December) 3.5025 3.4975 3.5625 3.4950 3.5350 0.0325 3.5350
CORN (March) 3.6300 3.6225 3.6875 3.6225 3.6600 0.0300 3.6600
CORN (May) 3.7125 3.7050 3.7700 3.7050 3.7450 0.0325 3.7450
CORN (July) 3.7800 3.7750 3.8375 3.7750 3.8150 0.0350 3.8150
CORN (September) 3.8475 3.8375 3.9025 3.8375 3.8800 0.0325 3.8800
CORN (December) 3.9350 3.9200 3.9900 3.9200 3.9650 0.0300 3.9650
SOYBEANS (November) 9.7075 9.7000 9.8700 9.6900 9.8425 0.1350 9.8425
SOYBEANS (January) 9.8100 9.8000 9.9700 9.7950 9.9450 0.1350 9.9450
SOYBEANS (March) 9.9025 9.8900 10.0600 9.8850 10.0350 0.1325 10.0350
SOYBEANS (May) 9.9850 9.9700 10.1375 9.9700 10.1150 0.1300 10.1150
SOYBEANS (July) 10.0500 10.0400 10.2000 10.0350 10.1775 0.1275 10.1775
SOYBEANS (August) 10.0525 10.1700 10.1925 10.1500 10.1750 0.1225 10.1750
SOYBEAN MEAL (October) 309.0 308.8 317.0 308.5 315.0 6.0 315.0
SOYBEAN MEAL (December) 312.9 312.6 320.9 312.4 319.0 6.1 319.0
SOYBEAN MEAL (January) 314.9 314.6 322.7 314.5 321.0 6.1 321.0
SOYBEAN MEAL (March) 317.8 317.7 325.2 317.4 323.7 5.9 323.7
SOYBEAN MEAL (May) 320.1 320.0 327.5 319.8 326.0 5.9 326.0
SOYBEAN MEAL (July) 322.3 322.0 329.5 322.0 328.2 5.9 328.2
LIVE CATTLE (October) 110.100 110.025 111.825 109.700 111.575 1.475 111.575
LIVE CATTLE (December) 116.200 116.150 117.725 115.650 117.425 1.225 117.425
LIVE CATTLE (February) 119.250 119.075 120.625 118.825 120.050 0.800 120.050
LEAN HOGS (October) 57.325 56.375 56.650 55.675 55.700 -1.625 55.700
LEAN HOGS (December) 57.800 57.025 57.500 56.500 56.625 -1.175 56.625
LEAN HOGS (February) 62.875 62.350 62.600 61.850 61.900 -0.975 61.900
FEEDER CATTLE (September) 153.175 152.875 153.875 152.250 153.400 0.225 153.400
FEEDER CATTLE (October) 155.875 156.050 156.700 154.825 156.100 0.225 156.100
FEEDER CATTLE (November) 156.825 156.800 158.025 156.075 157.625 0.800 157.625
DTN Click here for info on Exchange delays.

Basis