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                            River Valley MFA

 

 
 
 
 
Alma Location
Russell Limback
Clay & Collins St.
Alma, Mo. 64001

660-674-2291
Higginsville Location
Matthew Beumer

105 W. 22nd Street
Higginsville, Mo. 64037

660-584-3676 
Lexington/Levasy Locations
 
Ryun Morris

2350 Monroe Street
Lexington, Mo. 64067

660-259-2261
Norborne Location
Seth Swindler

West Hwy. 10
Norborne, Mo. 64668

660-594-3341
Odessa Location
Matt McMullin

111 NW Railroad St.
Odessa, Mo. 64076

816-633-5591
 

Aaron Skinner 660-584-3676 General Manager
Evan Hoeppner 660-584-3676 Grain Coordinator

 
 

Need to Know
4/20/17

Markets were both lower today after yesterday brought gains on the bean side while corn was left unchanged but have been on the downhill slide all week so far. May corn was 4 pennies lower as was December both closing under a penny off the low for the day. It’s been a bad week for corn as the only gain so far was new crop yesterday as they were up ¼ of a penny. Export sales of 29.8 million were well below trade expectations and started the corn market off on the wrong foot this morning. Weather looks to be conducive for corn planting over much of Nebraska, Iowa, Indiana, and Illinois this weekend so that weighed on the futures as well. Also Brazil’s main corn growing region is expected to receive rainfall in their 7-10 day forecast so that didn’t lend much help. Beans were in the green this morning coming in from the overnight but couldn’t quite hold it together with the nearby contract down 3 ½ and new crop down 4 ½. Exports were a dismal 7.8 million bushel this morning and after Tuesday’s inspection number it continues to trend downward, which this time of year shouldn’t be a huge surprise. The Delta regions aren’t getting many beans planted so far, as for the weekend rain is forecasted over much of that region. Argentine and Brazilian bean harvests are 23% and nearly 90% complete with ideal weather for harvest in their 7-10 day outlook. With not a lot to talk about corn bulls were hopeful this week for some kind of planting delay price bump. Going back the last 20 years on the planting progress report, 60% of the time planting pace for the middle of April has been behind the 5 year average, so the bulls will have to continue to sit tight for now. Evan



  Bids shown below are on a time delay, by DTN and are subject to change.
Please check with location for current Bids.
 

Local Cash Bids
Higginsville Delivery Basis   Cash    
 Corn Chart April    
  Chart May    
  Chart July    
  Chart Fall '17    
 Soybeans Chart April    
  Chart May    
  Chart July    
  Chart Fall '17    
Alma Delivery Basis   Cash    
 Corn Chart April    
  Chart May    
  Chart July    
  Chart Fall '17    
 Soybeans Chart April    
  Chart May    
  Chart July    
  Chart Fall '17    
Lexington Delivery Basis   Cash    
 Corn Chart April    
  Chart May    
  Chart July    
  Chart Fall '17    
 Soybeans Chart April    
  Chart May    
  Chart July    
  Chart Fall '17    
Odessa Delivery Basis   Cash    
 Corn Chart April    
  Chart May    
  Chart July    
  Chart Fall '17    
 Soybeans Chart April    
  Chart May    
  Chart July    
  Chart Fall '17    
Price as of 04/24/17 10:00AM CDT.
Click to view more Cash Bids

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DTN Grain News
DTN Early Word Grains 04/24 05:56
DTN Midday Grain Comments 04/21 11:29
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DTN National HRS Index 04/21
Portland Grain Review 04/20
Grainbelt Weather Roundup
FARM MARKET NEWS - CORN REPORT FOR Fri, April 21
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, April 21
USDA Daily Market Rates 04/24 06:48

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MFA News

MFA Precision featured in Successful Farmer Magazine Technology Spotlight 

MFA Precision and Lexington area farmer Lynn Fahrmeier are covered in the Technology Spotlight video series of Successful Farming Magazine. The Successful Farming Show #1009 aired originally on RFD-TV cable channel on March 16, 2017. Fahrmeier is an early adopter of precision technology and one of MFA's first customers in precision agriculture.

Fahrmeier was also the first with a multi-variety planter in the state. MFA Precision Agronomy set up Fahrmeier's existing planter with the ability to change types of seed while planting across the field.  

Click Here to see the RFD-TV feature.

Read more in the upcoming May issue of Today's Farmer magazine.

Click on the links below for more information about Lynn and MFA Precision.

• MFA Precision Agronomy  - https://www.mfa-inc.com/PrecisionAg
• Video of installation of Lynn Farmeier's planter by MFA Precision - https://www.youtube.com/edit?o=U&video_id=uCokDxEjYdY
• Brownfield Audio recording about the planter - https://www.youtube.com/edit?o=U&video_id=1zLf2ArCGyE
• Today's Farmer article mentioning Lynn - http://todaysfarmermagazine.com/mag/757-the-power-of-precision


Futures
@C - CORN - CBOT
Month Open High Low Last Change Close Time More
May 17 358'0 360'4 357'0 358'0 1'0 357'0 09:50A Chart for @C7K Options for @C7K
Jul 17 364'0 367'0 363'4 364'4 0'6 363'6 09:50A Chart for @C7N Options for @C7N
Sep 17 371'4 374'4 370'6 371'4 0'4 371'0 09:50A Chart for @C7U Options for @C7U
Dec 17 383'0 385'4 381'2 382'2 0'2 382'0 09:50A Chart for @C7Z Options for @C7Z
Mar 18 394'2 394'4 391'2 392'0 0'2 391'6 09:50A Chart for @C8H Options for @C8H
May 18 398'0 400'4 397'6 397'6 0'0 397'6 09:50A Chart for @C8K Options for @C8K
Jul 18 405'0 405'0 402'0 402'4 0'2 402'2 09:50A Chart for @C8N Options for @C8N
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
May 17 951'4 959'6 951'4 958'6 7'6 951'0 09:50A Chart for @S7K Options for @S7K
Jul 17 961'4 969'4 961'4 968'4 7'6 960'6 09:50A Chart for @S7N Options for @S7N
Aug 17 963'6 970'4 963'4 970'0 8'0 962'0 09:50A Chart for @S7Q Options for @S7Q
Sep 17 962'4 968'2 961'6 967'6 7'4 960'2 09:50A Chart for @S7U Options for @S7U
Nov 17 960'2 967'4 960'2 966'6 7'2 959'4 09:50A Chart for @S7X Options for @S7X
Jan 18 968'6 973'4 968'0 973'2 7'0 966'2 09:50A Chart for @S8F Options for @S8F
Mar 18 976'0 976'6 974'4 975'0 5'4 969'4 09:50A Chart for @S8H Options for @S8H
@W - WHEAT - CBOT
Month Open High Low Last Change Close Time More
May 17 406'4 408'4 402'6 404'0 -1'0 405'0 09:50A Chart for @W7K Options for @W7K
Jul 17 422'2 425'0 419'2 421'0 0'0 421'0 09:50A Chart for @W7N Options for @W7N
Sep 17 438'2 439'4 434'2 436'0 0'4 435'4 09:50A Chart for @W7U Options for @W7U
Dec 17 461'2 463'0 457'6 459'2 0'0 459'2 09:50A Chart for @W7Z Options for @W7Z
Mar 18 480'4 481'6 477'0 478'6 0'4 478'2 09:50A Chart for @W8H Options for @W8H
May 18 491'2 491'2 491'2 491'2 2'4 488'6 09:50A Chart for @W8K Options for @W8K
Jul 18 493'0 497'0 492'0 492'4 -0'6 493'2 09:50A Chart for @W8N Options for @W8N
@KW - HARD RED WINTER WHEAT - KCBT
Month Open High Low Last Change Close Time More
May 17 405'0 408'2 402'6 404'0 -0'4 404'4 09:50A Chart for @KW7K Options for @KW7K
Jul 17 418'2 421'0 415'2 416'2 -1'0 417'2 09:50A Chart for @KW7N Options for @KW7N
Sep 17 435'6 437'2 431'6 432'6 -1'0 433'6 09:50A Chart for @KW7U Options for @KW7U
Dec 17 463'2 463'4 458'6 458'6 -1'6 460'4 09:50A Chart for @KW7Z Options for @KW7Z
Mar 18 480'2 481'0 477'0 477'0 -1'2 478'2 09:50A Chart for @KW8H Options for @KW8H
May 18 487'6 487'6 487'0 487'0 -1'2 488'2 09:50A Chart for @KW8K Options for @KW8K
Jul 18 495'0 495'0 494'0 494'0 -1'0 495'0 09:50A Chart for @KW8N Options for @KW8N
@GF - FEEDER CATTLE - CME
Month Open High Low Last Change Close Time More
Apr 17 138.675 138.900 138.000 138.175 - 0.375 138.550 09:49A Chart for @GF7J Options for @GF7J
May 17 138.525 138.950 137.100 137.250 - 2.000 139.250 09:50A Chart for @GF7K Options for @GF7K
Aug 17 141.425 141.925 140.100 140.225 - 2.025 142.250 09:49A Chart for @GF7Q Options for @GF7Q
Sep 17 141.500 142.025 140.375 140.475 - 1.850 142.325 09:50A Chart for @GF7U Options for @GF7U
Oct 17 140.700 141.150 139.675 139.750 - 1.950 141.700 09:50A Chart for @GF7V Options for @GF7V
Nov 17 138.875 139.750 138.500 138.700 - 1.750 140.450 09:50A Chart for @GF7X Options for @GF7X
@LE - LIVE CATTLE - CME
Month Open High Low Last Change Close Time More
Apr 17 129.800 129.825 128.975 129.100 - 0.700 129.800 09:50A Chart for @LE7J Options for @LE7J
Jun 17 116.200 116.450 115.125 115.250 - 1.450 116.700 09:50A Chart for @LE7M Options for @LE7M
Aug 17 111.600 112.175 110.850 110.950 - 1.825 112.775 09:50A Chart for @LE7Q Options for @LE7Q
Oct 17 110.675 111.100 109.800 109.925 - 1.700 111.625 09:50A Chart for @LE7V Options for @LE7V
Dec 17 111.750 111.850 110.700 110.775 - 1.500 112.275 09:50A Chart for @LE7Z Options for @LE7Z
Feb 18 112.025 112.025 111.075 111.200 - 1.200 112.400 09:50A Chart for @LE8G Options for @LE8G
@HE - LEAN HOGS - CME
Month Open High Low Last Change Close Time More
May 17 62.800 63.800 62.800 63.625 0.600 63.025 09:50A Chart for @HE7K Options for @HE7K
Jun 17 68.725 69.225 68.375 68.825 0.500 68.325 09:50A Chart for @HE7M Options for @HE7M
Jul 17 69.525 70.200 69.475 69.850 0.325 69.525 09:50A Chart for @HE7N Options for @HE7N
Aug 17 70.200 70.825 70.200 70.625 0.400 70.225 09:50A Chart for @HE7Q Options for @HE7Q
Oct 17 63.125 64.225 63.100 63.575 0.250 63.325 09:50A Chart for @HE7V Options for @HE7V
Dec 17 59.475 59.900 59.225 59.850 0.375 59.475 09:50A Chart for @HE7Z Options for @HE7Z
My Custom Markets
Symbol Open High Low Last Change Close Time More

Sights from River Valley MFA


If you have a picture to share, email to ehoeppner@mfa-inc.com



Local Conditions
Lexington, MO
Chg Zip Code: 
Temp: 53oF Feels Like: 53oF
Humid: 66% Dew Pt: 42oF
Barom: 29.95 Wind Dir: SSE
Cond: N/A Wind Spd: 6 mph
Sunrise: 6:25 Sunset: 8:00
As reported at Warrensburg, MO at 9:00 AM
 
Local Radar
Lexington, MO
Radar
 
Local Forecast
Lexington, MO

Monday

Tuesday

Wednesday

Thursday

Friday
High: 74°F
Low: 43°F
Precip: 0%
High: 78°F
Low: 54°F
Precip: 50%
High: 66°F
Low: 47°F
Precip: 80%
High: 62°F
Low: 43°F
Precip: 80%
High: 70°F
Low: 50°F
Precip: 60%
View complete Local Weather
 
DTN Weather Summary
Dry Monday for Most Crop Areas
Bryce Anderson (Bio) – DTN Meteorologist

Rain in Mid-Atlantic and Southeast areas today. Mixed precip in the far Northern Plains and Prairies. Dry elsewhere. » More DTN Weather Commentary

Posted at 5:59AM Mon Apr 24, 2017 CDT

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