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



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

MB Grain InTouch

Since we started this service, farmers have appreciated being on the receiving end of emails pertaining to opportunities to market their grain.  If you haven't join, join our database today to receive grain marketing offers, newsletters, and future farmer meeting and field day invitations - Join here.  If you are not setup in our system to sell grain, you can print the required forms here.

 

MBgrain BASIS contracts

Grain prices are made up of two components - basis plus futures.  Corn futures are very different this year than they were last year.  That's why many farmers are opting for BASIS contracts.  The farmer promises to deliver a certain number of bushels during a specified period and locks in the BASIS portion of the price.  The futures portion of the total price is locked in at a later date chosen by the farmer.  The farmer is then paid for his bushels.

Basis contracts can be an effective marketing tool when the producer believes that basis could fall and futures could rise.  If the producer is not ready to accept the futures price, he waits until he is ready.  BASIS contracts prevents the producer from having to store grain or pay for storage.

Our BASIS levels can be found at the bottom of our website.

Call us if you would like additional information about BASIS contracts.

 

Chart of the Week

Futures
Contract Previous Open High Low Last Change Close
CORN (December) 3.7400 3.7275 3.7800 3.6800 3.7675 0.0275 3.7675
CORN (March) 3.8700 3.8550 3.9025 3.8075 3.8925 0.0225 3.8925
CORN (May) 3.9575 3.9400 3.9875 3.8950 3.9800 0.0225 3.9800
CORN (July) 4.0250 4.0050 4.0525 3.9600 4.0425 0.0175 4.0425
CORN (September) 4.0850 4.0700 4.1100 4.0250 4.1025 0.0175 4.1025
CORN (December) 4.1650 4.1475 4.1925 4.1025 4.1850 0.0200 4.1850
SOYBEANS (November) 10.2425 10.2300 10.5225 10.1225 10.4650 0.2225 10.4650
SOYBEANS (January) 10.2975 10.2825 10.5400 10.1650 10.4925 0.1950 10.4925
SOYBEANS (March) 10.3600 10.3425 10.5825 10.2300 10.5325 0.1725 10.5325
SOYBEANS (May) 10.4250 10.4075 10.6275 10.2975 10.5800 0.1550 10.5800
SOYBEANS (July) 10.4825 10.4725 10.6725 10.3500 10.6275 0.1450 10.6275
SOYBEANS (August) 10.4900 10.5025 10.6600 10.3650 10.6275 0.1375 10.6275
SOYBEAN MEAL (December) 380.0 380.6 394.7 375.4 389.0 9.0 389.0
SOYBEAN MEAL (January) 361.1 360.5 371.0 354.7 366.7 5.6 366.7
SOYBEAN MEAL (March) 342.5 343.0 349.5 337.3 346.2 3.7 346.2
SOYBEAN MEAL (May) 338.0 338.0 344.3 333.5 340.9 2.9 340.9
SOYBEAN MEAL (July) 338.7 339.1 344.9 334.5 341.7 3.0 341.7
SOYBEAN MEAL (August) 339.0 340.2 345.1 335.1 342.0 3.0 342.0
LIVE CATTLE (December) 167.325 167.450 167.750 165.450 166.050 -1.275 166.050
LIVE CATTLE (February) 167.475 167.475 167.800 165.525 166.100 -1.375 166.100
LIVE CATTLE (April) 166.175 166.150 166.750 164.925 165.600 -0.575 165.600
LEAN HOGS (December) 87.200 87.750 88.400 87.200 88.025 0.825 88.025
LEAN HOGS (February) 86.950 87.375 88.200 86.750 88.050 1.100 88.050
LEAN HOGS (April) 88.050 88.350 89.325 87.400 89.150 1.100 89.150
FEEDER CATTLE (November) 234.225 235.225 236.425 233.575 234.150 -0.075 234.150
FEEDER CATTLE (January) 228.475 229.300 230.800 227.625 228.475 0.000 228.475
FEEDER CATTLE (March) 226.100 226.975 228.075 225.050 225.750 -0.350 225.750
DTN Click here for info on Exchange delays.

Basis