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Heart of Missouri MFA AgriServices - CLICK - MFA CUSTOMER PORTAL  
 
NEWS FOR HEART OF MISSOURI MFA
01/14/21
on Tuesday, 1/12/21, the USDA threw more gasoline on what seemed like an white hot fire.  They lowered the expected carryout on corn to 1.552 billion bushels (last month 1.7) and lowered the beans from 175 million bushels to 140.  The most shocking part was the corn stocks on hand.  The USDA's number for corn was a surprising 629 million bushels lower than the average trade guess.  We will see how that impacts the carryout number for corn on future reports.  Some traders are still expecting the bean carryout to end up closer to 100 million bushels when it is all said and done.  Time will tell...but nobody saw our corn carryout to be cut in half from the August report and beans to the level they are at.  Who knows what is in store for grain prices as we go forward, but my recommendation is to reward the markets as they keep climbing.  It is impossible to tell when we will top out and as much as i hate to say it...it can fall faster than it went up.  I don't necessarily see that happening, but we live in a very crazy and volitile world...New crop corn today closed at 4.28 and beans 11.46.  It is very possible we see those values continue to climb, but from a historical perspective...those prices don't come around very often. 


Livestock:  As temps start to drop your livetock nutrient needs will increase dramatically.  For instance, if it is 20 degrees outside and your cow are dry, their energy needs are 100%, but if they are wet and cold, their nutrient needs jump to 180%.  Please keep this in mind as the weather fluctuates like it does here in Missouri.  The hay that your livestock is eating may not be enough as Mo weather kicks in.  Calving season will be here before we know it as well, please call your local MFA and ask about Ricochet mineral.  It is designed to increase colostrum quality as well as helping to get that cow bred back early for the next calving season. 

Thank you for your business! 


Local Cash Bids
Boonville Delivery Cash   Basis    
 #2 Y Corn Chart January    
  Chart fall 2021    
 #2 Soybeans Chart January    
  Chart fall 2021    
 #1 S. Wheat Chart new crop wheat    
Fayette Delivery Cash   Basis    
 #2 Y Corn Chart January    
  Chart fall 2021    
 #2 Soybeans Chart January    
  Chart fall 2021    
 #1 S. Wheat Chart new crop wheat    
Glasgow Delivery Cash   Basis    
 #2 Y Corn Chart January    
  Chart fall 2021    
 #2 Soybeans Chart January    
  Chart fall 2021    
 #1 S. Wheat Chart new crop wheat    
Salisbury Delivery Cash   Basis    
 #2 Y Corn Chart January    
  Chart fall 2021    
 #2 Soybeans Chart January    
  Chart fall 2021    
 #1 S. Wheat Chart new crop wheat    
Price as of 01/17/21 02:37AM CST.
Click to view more Cash Bids

MFA Contacts

Boonville Location:
1605 Radio Hill Road, Boonville, MO 65233
Location Manager:
Ronnie Anderson 660-882-2786
Fertilizer Plant: 660-882-7202

Lone Elm: 660-882-2786
  

Fayette Location:
111 Armstrong St., Fayette, MO 65248
Location Manager: 
Larry Kramm 660-248-3303


Glasgow Location:
402 10th Street  Glasgow, MO 65254
Location Manager:
Shawn Frevert 660-338-2251


Salisbury Location
304 W. Front St., Salisbury, MO 65281
Location Manager: 
Blake Erickson  660-388-6421 

Grain Originator: 
Nathan Oglesby 
Office 1-800-257-4735

Cell 660-728-2252

 


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@C - CORN - CBOT
Month Open High Low Last Change Close Time More
Mar 21 534'0 536'4 527'6 530'6 -2'6 531'4s 01/15 Chart for @C1H Options for @C1H
May 21 537'0 539'4 531'0 533'6 -3'0 534'6s 01/15 Chart for @C1K Options for @C1K
Jul 21 534'0 536'0 527'6 530'6 -2'6 532'0s 01/15 Chart for @C1N Options for @C1N
Sep 21 483'4 485'6 479'6 483'0 1'4 485'4s 01/15 Chart for @C1U Options for @C1U
Dec 21 457'2 461'2 456'0 458'6 2'2 460'0s 01/15 Chart for @C1Z Options for @C1Z
Mar 22 462'2 466'0 461'4 464'2 2'6 465'4s 01/15 Chart for @C2H Options for @C2H
May 22 465'0 468'2 463'4 467'6 3'4 468'4s 01/15 Chart for @C2K Options for @C2K
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Mar 21 1432'2 1434'4 1413'4 1414'6 -13'6 1416'6s 01/15 Chart for @S1H Options for @S1H
May 21 1429'0 1431'6 1410'4 1412'4 -13'0 1414'6s 01/15 Chart for @S1K Options for @S1K
Jul 21 1415'0 1416'4 1396'0 1398'4 -12'2 1401'0s 01/15 Chart for @S1N Options for @S1N
Aug 21 1361'6 1363'4 1349'6 1352'2 -5'6 1354'2s 01/15 Chart for @S1Q Options for @S1Q
Sep 21 1259'0 1262'6 1249'4 1254'6 0'0 1256'6s 01/15 Chart for @S1U Options for @S1U
Nov 21 1196'4 1203'0 1190'2 1196'0 1'2 1197'6s 01/15 Chart for @S1X Options for @S1X
Jan 22 1189'6 1197'0 1184'6 1189'2 1'2 1191'6s 01/15 Chart for @S2F Options for @S2F
Mar 22 1155'6 1162'0 1149'0 1158'6 6'0 1160'2s 01/15 Chart for @S2H Options for @S2H
May 22 1141'2 1147'6 1141'2 1146'2 7'0 1148'2s 01/15 Chart for @S2K Options for @S2K
@W - WHEAT - CBOT
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Mar 21 671'0 693'0 664'4 674'6 5'4 675'4s 01/15 Chart for @W1H Options for @W1H
May 21 672'6 693'0 666'2 675'4 5'4 676'4s 01/15 Chart for @W1K Options for @W1K
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Sep 21 657'0 669'4 649'4 657'4 1'6 657'4s 01/15 Chart for @W1U Options for @W1U
Dec 21 661'2 673'0 655'0 659'0 1'6 662'2s 01/15 Chart for @W1Z Options for @W1Z
@GF - FEEDER CATTLE - CME
Month Open High Low Last Change Close Time More
Jan 21 132.525 135.200 132.525 134.350 1.975 134.575s 01/15 Chart for @GF1F Options for @GF1F
Mar 21 133.625 136.425 133.375 135.700 2.450 135.825s 01/15 Chart for @GF1H Options for @GF1H
Apr 21 136.275 138.775 135.975 138.275 2.300 138.300s 01/15 Chart for @GF1J Options for @GF1J
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Month Open High Low Last Change Close Time More
Feb 21 112.200 113.300 111.900 112.650 0.700 112.775s 01/15 Chart for @LE1G Options for @LE1G
Apr 21 117.300 119.350 117.025 118.225 0.975 118.200s 01/15 Chart for @LE1J Options for @LE1J
Jun 21 114.850 116.775 114.675 116.300 1.325 116.275s 01/15 Chart for @LE1M Options for @LE1M
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Month Open High Low Last Change Close Time More
Feb 21 66.150 68.200 66.150 68.025 1.625 67.925s 01/15 Chart for @HE1G Options for @HE1G
Apr 21 71.700 72.900 71.425 72.850 0.575 72.650s 01/15 Chart for @HE1J Options for @HE1J
May 21 77.300 77.900 76.900 77.600 0.150 77.600s 01/15 Chart for @HE1K Options for @HE1K
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Feb 21 257.20 257.40 257.40s 01/15 Chart for @DC1G Options for @DC1G
May 21 261.40 261.40 258.60 258.60s 01/15 Chart for @DC1K Options for @DC1K
Aug 21 265.90 265.90 263.60 263.60s 01/15 Chart for @DC1Q Options for @DC1Q
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Local Conditions
Glasgow, MO
Chg Zip Code: 
Temp: 27oF Feels Like: 27oF
Humid: 83% Dew Pt: 23oF
Barom: 29.85 Wind Dir: NNW
Cond: N/A Wind Spd: 3 mph
Sunrise: 7:27 Sunset: 5:14
As reported at OB, MO at 2:00 AM
 
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DTN Weather Summary
Midwest Snow Showers Saturday
Bryce Anderson (Bio) – DTN Meteorologist
Posted at 1:51PM Fri Jan 15, 2021 CST

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To read Today's Farmer Online Please visit  http://www.todaysfarmermagazine.com/

Informational Links
Informational Links:

http://www.brownfieldnetwork.com/agriculturetoday/

http://www.farmgate.uiuc.edu/
.  

This link will take you to the FAPRI website where producers can download a program to help them determine if the ACRE program is right for their operation.  http://fapri.missouri.edu/farmers_corner/tools/ACRE.asp


 
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