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



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

 

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)
919-601-9478

Waverly Feed Mill (27404 Cabin Point Road Waverly, VA)
757-899-1072

Clarkton Elevator (1877 Baldwin Road Whiteville, NC)
910-284-5805

Nichols Elevator (9113 Hwy 76 East Nichols, SC)
843-526-2411

Bladenboro Elevator (232 JR Britt Rd Bladenboro, NC)
910-648-4090

Mount Olive Elevator (770 Hwy 117 Alt. Calypso, NC)
919-658-5748

Lagrange Elevator (3318 Willie Measley Road Lagrange, NC)
252-566-4086

Clinton Elevator (202 Westover Rd Clinton, NC)
910-592-0105

Bentonville Elevator (2917 Harper House Road Four Oaks, NC)
919-689-2620

Wilson Elevator (1711 Hwy 301 S Wilson, NC)
252-991-5828

Chart of the Week

Futures
Contract Previous Open High Low Last Change Close
CORN (March) 3.8375 3.8400 3.8850 3.8200 3.8675 0.0300 3.8675
CORN (May) 3.9200 3.9200 3.9675 3.9000 3.9525 0.0325 3.9525
CORN (July) 3.9925 3.9900 4.0375 3.9750 4.0275 0.0350 4.0275
CORN (September) 4.0525 4.0500 4.0975 4.0400 4.0925 0.0400 4.0925
CORN (December) 4.1325 4.1325 4.1800 4.1200 4.1725 0.0400 4.1725
CORN (March) 4.2200 4.2150 4.2600 4.2075 4.2575 0.0375 4.2575
SOYBEANS (March) 9.7675 9.7700 9.8050 9.6725 9.7275 -0.0400 9.7275
SOYBEANS (May) 9.8300 9.8350 9.8700 9.7425 9.7950 -0.0350 9.7950
SOYBEANS (July) 9.8875 9.8900 9.9250 9.8000 9.8525 -0.0350 9.8525
SOYBEANS (August) 9.8875 9.8850 9.9250 9.8000 9.8550 -0.0325 9.8550
SOYBEANS (September) 9.7325 9.7325 9.7650 9.6525 9.7100 -0.0225 9.7100
SOYBEANS (November) 9.6100 9.6075 9.6500 9.5400 9.5975 -0.0125 9.5975
SOYBEAN MEAL (March) 330.1 330.4 334.1 326.2 331.5 1.4 331.5
SOYBEAN MEAL (May) 322.6 323.0 326.0 318.4 323.7 1.1 323.7
SOYBEAN MEAL (July) 321.2 321.5 324.3 317.3 321.9 0.7 321.9
SOYBEAN MEAL (August) 320.6 320.6 323.4 317.1 321.2 0.6 321.2
SOYBEAN MEAL (September) 319.5 319.6 322.5 316.0 320.2 0.7 320.2
SOYBEAN MEAL (October) 315.7 315.8 319.0 312.5 316.7 1.0 316.7
LIVE CATTLE (February) 153.350 152.950 152.950 150.350 150.350 -3.000 150.350
LIVE CATTLE (April) 151.800 151.225 151.300 148.800 148.800 -3.000 148.800
LIVE CATTLE (June) 145.775 144.875 144.925 142.775 142.775 -3.000 142.775
LEAN HOGS (February) 71.600 70.800 70.800 68.850 69.300 -2.300 69.300
LEAN HOGS (April) 72.875 71.650 71.925 70.000 70.650 -2.225 70.650
LEAN HOGS (May) 79.525 78.725 78.725 76.725 76.775 -2.750 76.775
FEEDER CATTLE (January) 215.975 215.825 216.200 213.375 213.700 -2.275 213.700
FEEDER CATTLE (March) 206.325 205.575 205.725 201.825 201.825 -4.500 201.825
FEEDER CATTLE (April) 207.050 206.500 206.500 202.550 202.550 -4.500 202.550
DTN Click here for info on Exchange delays.

Basis