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 (September) 3.2750 3.2700 3.2850 3.2650 3.2800 0.0050 3.2750
CORN (December) 3.3625 3.3600 3.3750 3.3550 3.3725 0.0100 3.3625
CORN (March) 3.4600 3.4575 3.4700 3.4525 3.4675 0.0075 3.4600
CORN (May) 3.5275 3.5275 3.5275 3.5200 3.5275 0.0000 3.5275
CORN (July) 3.5950 3.5950 3.6025 3.5900 3.6025 0.0075 3.5950
CORN (September) 3.6650 3.6650 3.6675 3.6650 3.6650 0.0000 3.6650
SOYBEANS (September) 10.3075 10.2975 10.2975 10.1850 10.2375 -0.0700 10.3075
SOYBEANS (November) 10.0525 10.0400 10.0500 9.9325 9.9875 -0.0650 10.0525
SOYBEANS (January) 10.0600 10.0475 10.0550 9.9450 9.9925 -0.0675 10.0600
SOYBEANS (March) 10.0350 10.0175 10.0275 9.9375 9.9550 -0.0800 10.0350
SOYBEANS (May) 10.0125 9.9925 9.9975 9.9075 9.9375 -0.0750 10.0125
SOYBEANS (July) 10.0050 9.9575 10.0050 9.9100 9.9500 -0.0550 10.0050
SOYBEAN MEAL (September) 331.5 332.2 332.2 329.5 331.0 -0.5 331.5
SOYBEAN MEAL (October) 329.2 329.8 330.5 327.0 328.5 -0.7 329.2
SOYBEAN MEAL (December) 326.9 327.5 327.8 324.5 326.4 -0.5 326.9
SOYBEAN MEAL (January) 324.4 324.5 325.6 322.2 322.2 -2.2 324.4
SOYBEAN MEAL (March) 321.9 322.1 322.9 320.3 321.0 -0.9 321.9
SOYBEAN MEAL (May) 318.9 318.6 320.0 316.5 318.3 -0.6 318.9
LIVE CATTLE (August) 113.250 113.250 113.250 112.000 112.725 -0.525 112.725
LIVE CATTLE (October) 109.725 109.500 110.075 108.700 108.900 -0.825 108.900
LIVE CATTLE (December) 110.975 110.925 111.100 110.050 110.150 -0.825 110.150
LEAN HOGS (October) 60.525 60.725 60.800 59.925 60.325 -0.200 60.325
LEAN HOGS (December) 56.525 56.875 56.875 55.800 56.050 -0.475 56.050
LEAN HOGS (February) 61.275 61.325 61.325 60.525 60.800 -0.475 60.800
FEEDER CATTLE (August) 146.450 146.650 147.000 146.250 146.650 0.200 146.650
FEEDER CATTLE (September) 143.925 144.025 144.400 142.100 143.000 -0.925 143.000
FEEDER CATTLE (October) 140.450 140.525 140.575 138.300 139.075 -1.375 139.075
DTN Click here for info on Exchange delays.

Basis