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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 01/23/21 07:55AM 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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Dec 21 447'6 447'6 428'2 432'0 -18'4 430'2s 01/22 Chart for @C1Z Options for @C1Z
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May 21 1365'6 1365'6 1305'0 1309'2 -57'0 1311'6s 01/22 Chart for @S1K Options for @S1K
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Jun 21 117.200 118.950 116.950 118.650 1.675 118.800s 01/22 Chart for @LE1M Options for @LE1M
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Aug 21 265.90 265.90 263.60 263.60s 01/22 Chart for @DC1Q Options for @DC1Q
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Local Conditions
Glasgow, MO
Chg Zip Code: 
Temp: 17oF Feels Like: 17oF
Humid: 70% Dew Pt: 9oF
Barom: 30.32 Wind Dir: ESE
Cond: N/A Wind Spd: 2 mph
Sunrise: 7:23 Sunset: 5:20
As reported at OB, MO at 7:00 AM
 
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Glasgow, MO
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Glasgow, MO

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DTN Weather Summary
Widespread Weekend Precipitation
Bryce Anderson (Bio) – DTN Meteorologist

Rain Friday afternoon in the eastern Great Lakes, Southeast, Nebraska and the West. A system will move from California into the Plains with some rain. Snow and freezing rain expected into the central Plains and Midwest. » More DTN Weather Commentary

Posted at 1:51PM Fri Jan 22, 2021 CST

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Cattle on Feed Report 01/22 14:05
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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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