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Heart of Missouri MFA AgriServices - CLICK - MFA CONNECT  
 
NEWS FOR HEART OF MISSOURI MFA
Livestock Risk Protection.
i have been locking in some LRP for calves born this spring with a policy end date of Oct/Nov at really good values.  LRP is a policy that allows you to take a position vs the cash cattle index for a known end date.  You can sell your calves up to 60 days prior to your end date or anytime after...you can retain ownership as well.  Other than buying Put options, which for the most part are sold in 40,000 pound increments, LRP allows you to lock in a level of protection on 1 calf at a time if you absolutely needed to.  I have no idea when the cattle market will go down, but a bird can only fly so high before it has to land.  seen that over and over again in the grain markets.  high prices will always cure high prices.  Hopefully we have a year or two before we have to worry about that, but it is a crazy volatile world.  farming isn't cheap...as a cow calf producer i have been covering my own calves and so far i am happy with how the lrp has allowed me to lock in some protection.  give me a call and we can discuss how it works.  Call Nathan Oglesby at the Glasgow location at 660-338-2252 or on my cell at 660-728-2252. 

Thank you for your business! 


Local Cash Bids
Boonville Delivery Cash   Basis    
 #2 Y Corn Chart in house    
  Chart fall 2025    
 #2 Soybeans Chart in house    
  Chart fall 2025    
 #1 S. Wheat Chart new crop 2025    
Fayette Delivery Cash   Basis    
 #2 Y Corn Chart in house    
  Chart fall 2025    
 #2 Soybeans Chart in house    
  Chart fall 2025    
 #1 S. Wheat Chart new crop 2025    
Glasgow Delivery Cash   Basis    
 #2 Y Corn Chart in house    
  Chart fall 2025    
 #2 Soybeans Chart in house    
  Chart fall 2025    
 #1 S. Wheat Chart new crop 2025    
Salisbury Delivery Cash   Basis    
 #2 Y Corn Chart in house    
  Chart fall 2025    
 #2 Soybeans Chart in house    
  Chart fall 2025    
 #1 S. Wheat Chart new crop 2025    
Price as of 05/12/25 10:30PM CDT.
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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Futures
@C - CORN - CBOT
Month Open High Low Last Change Close Time More
May 25 440'0 0'0 440'2 10:03P Chart for @C5K Options for @C5K
Jul 25 448'0 448'0 446'2 447'6 -0'2 448'0 10:19P Chart for @C5N Options for @C5N
Sep 25 432'6 434'0 432'4 433'6 1'0 432'6 10:19P Chart for @C5U Options for @C5U
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
May 25 1065'0 0'0 1066'0 10:19P Chart for @S5K Options for @S5K
Jul 25 1069'4 1070'0 1066'4 1068'2 -3'0 1071'2 10:19P Chart for @S5N Options for @S5N
Aug 25 1066'0 1067'0 1064'2 1065'2 -3'0 1068'2 10:19P Chart for @S5Q Options for @S5Q
@W - WHEAT - CBOT
Month Open High Low Last Change Close Time More
May 25 511'0 0'0 499'0 10:14P Chart for @W5K Options for @W5K
Jul 25 514'4 515'0 511'6 512'6 -2'4 515'2 10:19P Chart for @W5N Options for @W5N
Sep 25 529'2 529'2 526'2 527'2 -2'4 529'6 10:19P Chart for @W5U Options for @W5U
@GF - FEEDER CATTLE - CME
Month Open High Low Last Change Close Time More
May 25 301.000 303.425 300.850 303.300 5.125 303.100s 01:05P Chart for @GF5K Options for @GF5K
Aug 25 303.600 306.900 303.025 306.850 6.075 306.375s 01:05P Chart for @GF5Q Options for @GF5Q
Sep 25 302.250 305.600 301.775 305.550 6.075 305.100s 01:05P Chart for @GF5U Options for @GF5U
@LE - LIVE CATTLE - CME
Month Open High Low Last Change Close Time More
Jun 25 217.150 217.750 215.800 216.925 2.150 216.825s 02:30P Chart for @LE5M Options for @LE5M
Aug 25 211.725 212.225 210.450 211.600 2.025 211.600s 03:03P Chart for @LE5Q Options for @LE5Q
Oct 25 208.975 209.575 207.850 208.500 1.500 208.450s 01:05P Chart for @LE5V Options for @LE5V
@HE - LEAN HOGS - CME
Month Open High Low Last Change Close Time More
May 25 90.975 91.200 90.600 90.750 0.350 90.725s 01:05P Chart for @HE5K Options for @HE5K
Jun 25 99.025 99.875 97.975 98.225 0.725 98.300s 01:05P Chart for @HE5M Options for @HE5M
Jul 25 101.425 102.925 101.175 102.275 2.050 102.475s 01:05P Chart for @HE5N Options for @HE5N
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Local Conditions
Glasgow, MO
Chg Zip Code: 
Temp: 69oF Feels Like: 69oF
Humid: 69% Dew Pt: 58oF
Barom: 29.67 Wind Dir: N
Cond: N/A Wind Spd: 0 mph
Sunrise: 5:58 Sunset: 8:15
As reported at OB, MO at 10:00 PM
 
Local Radar
Glasgow, MO
Radar
 
Local Forecast
Glasgow, MO

Tuesday
Wednesday
Thursday
Friday
Saturday
High: 80°F
Low: 58°F
Precip: 40%		 High: 87°F
Low: 61°F
Precip: 0%		 High: 88°F
Low: 67°F
Precip: 0%		 High: 85°F
Low: 60°F
Precip: 40%		 High: 84°F
Low: 58°F
Precip: 50%
View complete Local Weather
 
DTN Weather Summary
Showers Expanding Through Midwest Tuesday
Bryce Anderson (Bio) – DTN Meteorologist

Showers in the southern Midwest and will continue to spread north. Breezy winds, hot and dry conditions for the northwestern Corn Belt. » More DTN Weather Commentary
Posted at 12:05PM Mon May 12, 2025 CDT

Agronomy

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DTN Cattle Close/Trends 05/12 16:12
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DTN Midday Livestock Comments 05/12 11:51
DTN Closing Livestock Comment 05/12 15:39
CME Feeder Cattle Index 05/12
Weekly Beef Export Sales 05/08 07:35
DTN Livestock Stats at a Glance
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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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