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



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.

 

David Coleman - new grain buyer Waverly, VA

We are happy to have David Coleman join our Murphy Brown team.  He has displayed success over a long-term period in helping farmers get the most value for their grain.  That demonstrated success will transfer easily into his role of buying and merchandising grain for MB.   Murphy Brown's stated approach is that our dealings with farmers are based on a 'win win approach'.  Mr. Coleman will approach his new role with that value clearly in mind.

Please call him today to discuss selling your grain --

David's cell phone is 757-899-0172
davidcoleman@murphybrownllc.com

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And more

Chart of the Week

Futures
Contract Previous Open High Low Last Change Close
CORN (September) 3.6175 3.6050 3.6075 3.5900 3.6025 -0.0150
CORN (December) 3.7150 3.7025 3.7050 3.6875 3.7025 -0.0125
CORN (March) 3.8350 3.8250 3.8250 3.8075 3.8200 -0.0150
CORN (May) 3.9150 3.9075 3.9075 3.8900 3.9025 -0.0125
CORN (July) 3.9925 3.9800 3.9825 3.9675 3.9800 -0.0125
CORN (September) 4.0650 4.0500 4.0500 4.0425 4.0425 -0.0225
SOYBEANS (August) 12.2050 12.1975 12.2375 12.1750 12.2350 0.0300
SOYBEANS (September) 11.0225 11.0175 11.0200 10.9475 11.0150 -0.0075
SOYBEANS (November) 10.8125 10.8025 10.8200 10.7550 10.8125 0.0000
SOYBEANS (January) 10.8900 10.8650 10.8975 10.8350 10.8825 -0.0075
SOYBEANS (March) 10.9575 10.9500 10.9675 10.9100 10.9525 -0.0050
SOYBEANS (May) 11.0250 11.0000 11.0275 10.9850 10.9925 -0.0325
SOYBEAN MEAL (August) 387.6 388.8 389.5 387.0 389.0 1.4
SOYBEAN MEAL (September) 361.5 362.0 362.8 361.0 361.9 0.4
SOYBEAN MEAL (October) 351.4 351.2 352.4 350.8 352.3 0.9
SOYBEAN MEAL (December) 348.6 348.3 349.6 347.6 349.3 0.7
SOYBEAN MEAL (January) 347.6 347.6 348.6 346.9 347.2 -0.4
SOYBEAN MEAL (March) 348.3 349.1 349.2 347.5 348.2 -0.1
LIVE CATTLE (August) 159.850 160.125 160.150 159.500 159.600 -0.250
LIVE CATTLE (October) 159.925 159.925 160.075 159.450 159.675 -0.250
LIVE CATTLE (December) 159.925 159.900 159.900 159.575 159.750 -0.175
LEAN HOGS (August) 119.150 118.600 118.750 117.800 118.000 -1.150
LEAN HOGS (October) 103.700 103.050 103.400 102.550 102.700 -1.000
LEAN HOGS (December) 94.450 93.675 93.900 93.250 93.550 -0.900
FEEDER CATTLE (August) 223.025 223.275 223.550 223.175 223.300 0.275
FEEDER CATTLE (September) 224.200 224.450 224.475 224.100 224.375 0.175
FEEDER CATTLE (October) 224.025 224.200 224.200 223.875 224.000 -0.025
DTN Click here for info on Exchange delays.

Basis