Why you should plant wheat this fall
Dr. Ron Heiniger (NCSU) and Dan Weathington (NCSGGA) explain why planting wheat could prove to be a great decision. Here's what they have to say
Harvest early -- maximize yields
Harvest is underway and farmers are experiencing maximum yields and test weights when harvesting early. Farmers are able to take advantage of this because MBgrain/SGC buying facilities are equipped with grain dryers. We will buy your wet grain and dry it for our cost. View our discount sheets at www.MBgrain.com where you will find we discount 1% of price per 1/2 point of moisture. Our competition doesn't match that!
Don't wait any longer - the following locations are buying wet grain today:
Laurinburg Feed Mill (19600 Andrew Jackson Hwy Laurinburg, NC)
Waverly Feed Mill (27404 Cabin Point Road Waverly, VA)
Clarkton Elevator (1877 Baldwin Road Whiteville, NC)
Nichols Elevator (9113 Hwy 76 East Nichols, SC)
Bladenboro Elevator (232 JR Britt Rd Bladenboro, NC)
Mount Olive Elevator (770 Hwy 117 Alt. Calypso, NC)
Lagrange Elevator (3318 Willie Measley Road Lagrange, NC)
Clinton Elevator (202 Westover Rd Clinton, NC)
Bentonville Elevator (2917 Harper House Road Four Oaks, NC)
Wilson Elevator (1711 Hwy 301 S Wilson, NC)
MB Grain InTouch
Since we started this service, farmers have appreciated being on the receiving end of emails pertaining to opportunities to market their grain. If you haven't join, join our database today to receive grain marketing offers, newsletters, and future farmer meeting and field day invitations - Join here. If you are not setup in our system to sell grain, you can print the required forms here.
MBgrain BASIS contracts
Grain prices are made up of two components - basis plus futures. Corn futures are very different this year than they were last year. That's why many farmers are opting for BASIS contracts. The farmer promises to deliver a certain number of bushels during a specified period and locks in the BASIS portion of the price. The futures portion of the total price is locked in at a later date chosen by the farmer. The farmer is then paid for his bushels.
Basis contracts can be an effective marketing tool when the producer believes that basis could fall and futures could rise. If the producer is not ready to accept the futures price, he waits until he is ready. BASIS contracts prevents the producer from having to store grain or pay for storage.
Our BASIS levels can be found at the bottom of our website.
Call us if you would like additional information about BASIS contracts.