CONTACT US:

4134 US Highway 117 S. Rose Hill, NC 28458

PO Box 759 Rose Hill, NC 28458


  • Grain Procurement Department: 910-289-2100

  • Robbie Montgomery: 910-260-1633

  • George Barkin: 919-601-9478

  • Nicole Giddens: 910-990-0886

  • Kelli Weeks: 910-282-4266

  • David Coleman:757-899-0172



MBgrain updates mills, unloading processes. Grain delivery tips too.

Brown would like to thank all the farmers and distributors for trusting us with their continuous business.  We appreciate it and continuously strive to exceed your expectations.  Click on the link to learn more about what changes we've made at our mills and tips on how you can have a better experience at our delivery locations --  MBGRAIN

Managing Crop Strategies & Farm Profitability in 2015

Thank you to all those who participated in the 2015 MBgrain meeting help last week at the Marriott Crabtree Valley hotel in Raleigh. Many of you have requested the presentations be posted on our website for future reference. The presentations are now available on our website:

Ron Heiniger, NCSU - Grain production best practices

Mike Karst, Cresco - Technology in Grain Production

Mark Talaski, Advance-Trading - 2015 Grain Market Outlook

Free Risk Management Workshops

The Marketing Division of the North Carolina Department of Agriculture & Consumer Services is planning a series of risk management workshops on “Managing Price Volatility/Identifying Macro Indicators”.  There is no charge for these workshops and the following topics will be covered: Introduction to Grain Hedging, Basis Trading, Cost of Carry, Cotton Futures, Option Trading on Futures and Equities, and macro forces impacting the hedger.  There will be an emphasis on the principles of options, spreading strategies, and using options to manage financial risk.  Energy derivatives, traded at the CME/NYMEX, will be explained as well as trading strategies to manage your exposure to energy.  Please promote these workshops with your customers and within the agri-business community.

Click here to see full schedule

Class dates (Various Locations):  Jan 7, Jan 9, Jan 26, Jan 28, Feb 17, Mar 12, Mar 13

Time to price your 15' crop?

When it comes to the upcoming Jan. 12 USDA report, Jerry Gulke wants farmers to get themselves ready now and purchase some puts.

“I think this is the place where you finally buy some kind of protection and put a floor under it,” says Gulke, president of the Gulke Group in Chicago and a farmer in Illinois. “We probably have an upside potential of $1 in corn and $2 in beans—up and down. You just don’t want to take a chance and think you have the lock on intelligence” or weather or acreage ---  read full article

 

Chart of the Week

Futures
Contract Previous Open High Low Last Change Close
CORN (May) 3.7075 3.7100 3.7125 3.6375 3.6450 -0.0625 3.6450
CORN (July) 3.7675 3.7700 3.7725 3.6950 3.6975 -0.0700 3.6975
CORN (September) 3.8425 3.8425 3.8475 3.7700 3.7750 -0.0675 3.7750
CORN (December) 3.9450 3.9475 3.9500 3.8750 3.8825 -0.0625 3.8825
CORN (March) 4.0525 4.0525 4.0525 3.9825 3.9925 -0.0600 3.9925
CORN (May) 4.1275 4.1275 4.1275 4.0600 4.0700 -0.0575 4.0700
SOYBEANS (May) 9.7825 9.7800 9.8100 9.6675 9.6975 -0.0850 9.6975
SOYBEANS (July) 9.8000 9.8000 9.8300 9.6850 9.7075 -0.0925 9.7075
SOYBEANS (August) 9.7625 9.7725 9.7950 9.6525 9.6675 -0.0950 9.6675
SOYBEANS (September) 9.6550 9.6650 9.6650 9.5500 9.5625 -0.0925 9.5625
SOYBEANS (November) 9.6150 9.6150 9.6475 9.5025 9.5250 -0.0900 9.5250
SOYBEANS (January) 9.6800 9.6800 9.7050 9.5700 9.5900 -0.0900 9.5900
SOYBEAN MEAL (May) 316.6 317.1 317.3 312.1 314.6 -2.0 314.6
SOYBEAN MEAL (July) 315.0 315.3 315.7 310.6 313.3 -1.7 313.3
SOYBEAN MEAL (August) 313.5 313.7 313.9 309.3 312.0 -1.5 312.0
SOYBEAN MEAL (September) 312.3 312.0 312.9 308.4 310.9 -1.4 310.9
SOYBEAN MEAL (October) 310.7 310.7 311.0 306.4 308.7 -2.0 308.7
SOYBEAN MEAL (December) 311.2 311.3 311.7 306.9 309.3 -1.9 309.3
LIVE CATTLE (April) 159.300 159.725 161.400 158.550 161.175 1.875 161.175
LIVE CATTLE (June) 149.025 149.600 151.650 148.400 151.200 2.175 151.200
LIVE CATTLE (August) 147.850 148.075 149.900 147.050 149.725 1.875 149.725
LEAN HOGS (May) 71.925 72.000 72.325 71.600 71.950 0.025 71.950
LEAN HOGS (June) 78.325 78.700 79.700 77.750 79.450 1.125 79.450
LEAN HOGS (July) 79.900 80.075 81.050 79.250 80.750 0.850 80.750
FEEDER CATTLE (April) 214.275 214.325 215.875 213.250 214.850 0.575 214.850
FEEDER CATTLE (May) 211.250 211.550 214.725 210.625 214.075 2.825 214.075
FEEDER CATTLE (August) 212.950 213.200 216.350 212.250 215.675 2.725 215.675
DTN Click here for info on Exchange delays.

Basis