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) 3.5975 3.5925 3.6500 3.5225 3.5300 -0.0675 3.5300
CORN (March) 3.7350 3.7275 3.7850 3.6575 3.6675 -0.0675 3.6675
CORN (May) 3.8200 3.8075 3.8700 3.7450 3.7525 -0.0675 3.7525
CORN (July) 3.8950 3.8850 3.9425 3.8175 3.8275 -0.0675 3.8275
CORN (September) 3.9650 3.9575 4.0150 3.8950 3.9025 -0.0625 3.9025
CORN (December) 4.0525 4.0450 4.1000 3.9875 3.9950 -0.0575 3.9950
SOYBEANS (November) 9.9325 9.9150 10.0200 9.7650 9.7750 -0.1575 9.7750
SOYBEANS (January) 10.0000 9.9800 10.0875 9.8250 9.8325 -0.1675 9.8325
SOYBEANS (March) 10.0650 10.0425 10.1550 9.8925 9.9000 -0.1650 9.9000
SOYBEANS (May) 10.1250 10.1025 10.2250 9.9600 9.9675 -0.1575 9.9675
SOYBEANS (July) 10.1750 10.1450 10.2800 10.0150 10.0225 -0.1525 10.0225
SOYBEANS (August) 10.1775 10.2225 10.2675 10.0325 10.0275 -0.1500 10.0275
SOYBEAN MEAL (December) 352.4 353.0 359.2 347.1 350.2 -2.2 350.2
SOYBEAN MEAL (January) 342.0 342.0 347.7 337.8 338.8 -3.2 338.8
SOYBEAN MEAL (March) 332.6 332.7 337.3 326.8 327.4 -5.2 327.4
SOYBEAN MEAL (May) 329.9 330.1 334.2 323.5 323.8 -6.1 323.8
SOYBEAN MEAL (July) 330.7 330.6 334.9 324.4 324.8 -5.9 324.8
SOYBEAN MEAL (August) 331.1 334.0 334.2 325.5 325.3 -5.8 325.3
LIVE CATTLE (October) 169.050 169.975 170.100 167.575 168.250 -0.800 168.250
LIVE CATTLE (December) 169.100 169.725 169.975 166.500 166.900 -2.200 166.900
LIVE CATTLE (February) 168.850 169.075 169.400 166.050 166.550 -2.300 166.550
LEAN HOGS (December) 88.725 88.325 90.650 87.725 90.250 1.525 90.250
LEAN HOGS (February) 87.450 87.125 89.025 86.325 88.875 1.425 88.875
LEAN HOGS (April) 88.550 88.525 89.225 87.175 89.200 0.650 89.200
FEEDER CATTLE (October) 240.225 240.800 240.850 237.675 237.900 -2.325 237.900
FEEDER CATTLE (November) 236.700 237.200 237.900 234.325 234.650 -2.050 234.650
FEEDER CATTLE (January) 230.975 231.225 231.950 228.825 228.900 -2.075 228.900
DTN Click here for info on Exchange delays.

Basis