CALENDAR



How Much Will You Get for Your Wheat?

As we near the end of 2015, wheat acres have been assigned and planted. We encourage you to keep one thing in mind - PROFIT. After a harsh crop year of unpredictable weather and fluctuating market prices, MB is providing an excellent wheat basis for you right now. Locking in a higher basis gives you the opportunity to eliminate your basis risk and only expose yourself to market price risk. Looking at historical data, basis tends to decrease as major harvest dates near. Locking in our basis means you can confidently sell your wheat at a price that fits your marketing program. Contact your local grain buyer about locking in your high wheat basis today!

Shaking Hands and Making Plans

MB Grain understands that marketing your production may be one of the toughest challenges you face as a farmer. Our merchandisers believe that the agricultural industry is based on a strong foundation of relationships and are willing to help in any way possible to make the process of marketing your grain simple. We are dedicated to making your business profitable while growing our partnership with each of our farmers. Contact your local grain buyer today to arrange a time to meet at your farm or over the phone to talk about the best grain marketing strategy for you!

Mark Your Calendars!

MB Grain is hitting the road! Check out the list of farm shows we’ll be attending throughout the beginning of the new year and be sure to stop by our booth, we’d love to shake your hand!

12/3/2015 -12/4/2015 : The Big Farm Show (Myrtle Beach)
1/13/2016 - 1/14/2016 : Agribiz and Farm Expo (Florence, SC)
1/13/2016 - 1/15/2016 : NC Commodities Conference (Durham, NC)
2/3/2016 - 2/5/2016 : Southern Farm Show (Raleigh, NC)
February 2016 (dates to be determined) : Virginia Grain and Soybean Conference

Harvest your corn early - we're ready

Harvest is underway.  Those who are willing to get started early will be paid off in a big way.  MBgrain pays more for Aug delivered bushels, but more importantly research shows your yields will be higher early on.  The premium paid for early bushels along with the increase in yield/acre more than offsets any drying fee you may incur.  Plus, getting the corn out of the field early allows you to worry less about the next storm and gets you paid quicker!  Read this article from Helena Chemical Company Josh Gaddy for more information on early harvest or call your MBgrain / SGC buyer today.  Good luck this crop season, we hope to see you soon!

Chart of the Week

Futures
Contract Previous Open High Low Last Change Close
CORN (March) 3.6850 3.6900 3.6950 3.6550 3.6575 -0.0275 3.6575
CORN (May) 3.7350 3.7400 3.7450 3.7000 3.7075 -0.0275 3.7075
CORN (July) 3.7875 3.7900 3.7950 3.7550 3.7600 -0.0275 3.7600
CORN (September) 3.8375 3.8375 3.8400 3.8075 3.8100 -0.0275 3.8100
CORN (December) 3.9125 3.9125 3.9200 3.8900 3.8925 -0.0200 3.8925
CORN (March) 4.0000 3.9975 4.0000 3.9750 3.9800 -0.0200 3.9800
SOYBEANS (March) 8.7450 8.7575 8.7900 8.6725 8.6750 -0.0700 8.6750
SOYBEANS (May) 8.7750 8.7875 8.8250 8.7100 8.7125 -0.0625 8.7125
SOYBEANS (July) 8.8375 8.8525 8.8925 8.7750 8.7775 -0.0600 8.7775
SOYBEANS (August) 8.8600 8.8850 8.9125 8.7975 8.8000 -0.0600 8.8000
SOYBEANS (September) 8.8575 8.9050 8.9075 8.8025 8.8025 -0.0550 8.8025
SOYBEANS (November) 8.8825 8.9000 8.9375 8.8275 8.8325 -0.0500 8.8325
SOYBEAN MEAL (March) 267.6 267.6 269.1 264.2 265.0 -2.6 265.0
SOYBEAN MEAL (May) 269.5 269.6 271.0 266.2 266.7 -2.8 266.7
SOYBEAN MEAL (July) 272.1 272.2 273.7 269.0 269.3 -2.8 269.3
SOYBEAN MEAL (August) 273.3 273.2 274.7 270.4 270.5 -2.8 270.5
SOYBEAN MEAL (September) 274.3 275.1 275.9 271.5 271.7 -2.6 271.7
SOYBEAN MEAL (October) 274.5 275.8 276.0 272.0 272.0 -2.5 272.0
LIVE CATTLE (February) 137.075 137.000 137.100 135.625 136.050 -1.025 136.050
LIVE CATTLE (April) 135.650 135.425 135.575 133.875 134.400 -1.250 134.400
LIVE CATTLE (June) 124.800 124.550 124.775 123.350 124.050 -0.750 124.050
LEAN HOGS (February) 65.125 65.300 65.525 64.775 64.800 -0.325 64.800
LEAN HOGS (April) 70.250 70.150 70.725 69.925 70.300 0.050 70.300
LEAN HOGS (May) 76.825 76.700 76.700 76.425 76.425 -0.400 76.425
FEEDER CATTLE (March) 156.525 155.475 156.775 152.900 153.825 -2.700 153.825
FEEDER CATTLE (April) 156.025 155.325 156.225 152.675 153.475 -2.550 153.475
FEEDER CATTLE (May) 155.400 154.600 155.650 152.100 153.050 -2.350 153.050
DTN Click here for info on Exchange delays.

Basis