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 (March) 3.8150 3.8125 3.8175 3.8000 3.8150 0.0000 3.8150
CORN (May) 3.8950 3.8900 3.8950 3.8775 3.8925 -0.0025 3.8950
CORN (July) 3.9750 3.9650 3.9725 3.9575 3.9700 -0.0050 3.9750
CORN (September) 4.0475 4.0425 4.0425 4.0300 4.0400 -0.0075 4.0475
CORN (December) 4.1375 4.1300 4.1325 4.1225 4.1325 -0.0050 4.1375
CORN (March) 4.2275 4.2200 4.2200 4.2175 4.2200 -0.0075 4.2275
SOYBEANS (March) 9.8900 9.9000 9.9050 9.8600 9.9025 0.0125 9.8900
SOYBEANS (May) 9.9400 9.9525 9.9750 9.9125 9.9600 0.0200 9.9400
SOYBEANS (July) 9.9975 10.0100 10.0325 9.9675 10.0175 0.0200 9.9975
SOYBEANS (August) 9.9825 10.0000 10.0125 9.9625 9.9925 0.0100 9.9825
SOYBEANS (September) 9.8325 9.8475 9.8575 9.8125 9.8300 -0.0025 9.8325
SOYBEANS (November) 9.7275 9.7375 9.7800 9.7150 9.7550 0.0275 9.7275
SOYBEAN MEAL (March) 334.1 334.0 334.0 333.5 333.5 -0.6 334.1
SOYBEAN MEAL (May) 327.1 327.5 327.8 325.7 327.3 0.2 327.1
SOYBEAN MEAL (July) 325.2 325.3 325.6 323.6 325.2 0.0 325.2
SOYBEAN MEAL (August) 324.2 323.0 324.4 322.7 322.7 -1.5 324.2
SOYBEAN MEAL (September) 322.2 322.5 322.5 321.1 322.2 0.0 322.2
SOYBEAN MEAL (October) 318.0 317.4 318.3 317.0 317.4 -0.6 318.0
LIVE CATTLE (April) 151.050 150.850 154.050 150.150 154.050 3.000 154.050
LIVE CATTLE (June) 143.675 143.425 146.675 142.600 146.325 2.650 146.325
LIVE CATTLE (August) 142.075 141.825 144.950 141.325 144.375 2.300 144.375
LEAN HOGS (April) 65.600 65.250 68.550 64.150 68.000 2.400 68.000
LEAN HOGS (May) 77.525 76.975 79.425 76.100 78.625 1.100 78.625
LEAN HOGS (June) 80.525 80.200 82.450 78.850 81.550 1.025 81.550
FEEDER CATTLE (March) 202.725 202.150 207.225 201.500 207.225 4.500 207.225
FEEDER CATTLE (April) 199.875 199.600 204.375 198.625 204.375 4.500 204.375
FEEDER CATTLE (May) 198.275 197.525 202.775 196.900 202.775 4.500 202.775
DTN Click here for info on Exchange delays.

Basis