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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
3/22/17

Both corn and beans continue to drift lower with the exception being new crop beans closing slightly in the green. May corn led the board lower closing down 2 ½ reaching its lowest level since the new year going all the way back to December 30th. New crop corn was also down 2 ½ closing less than a penny off the low for the day. Global ending stocks and record global production outweigh any of the bullish news on the corn front. Lack of fund buying also remains bearish as demand has been good but not enough to offset the bad. Funds continue to be sellers already adding to a net short position. Corn usage remains high with 109.6 million bushels used in ethanol production but like before there is more bad news to go around than good. FC Stone came out today and estimated corn acreage at 91.6 million acres this was seen as bearish as the USDA is expected to be in the neighborhood of 90 million on the 31st. Beans slid lower for the eighth time in ten sessions as the nearby contract closed nearly 2 pennies lower while November new crop was the lone positive up ½ a penny. The bearish fundamentals offer resistance while the reluctance of the funds to completely give up their long position offers support. The declining crude oil market is not helping with nearby crude trading some $8.00 off its high. Equities were mixed today with the dollar a little lower. Evan



  Bids shown below are on a time delay, by DTN and are subject to change.
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Local Cash Bids
Higginsville Delivery Basis   Cash    
 Corn Chart Mch    
  Chart May    
  Chart July    
  Chart Fall '17    
 Soybeans Chart Mch    
  Chart May    
  Chart July    
  Chart Fall '17    
Alma Delivery Basis   Cash    
 Corn Chart Mch    
  Chart May    
  Chart July    
  Chart Fall '17    
 Soybeans Chart Mch    
  Chart May    
  Chart July    
  Chart Fall '17    
Lexington Delivery Basis   Cash    
 Corn Chart Mch    
  Chart May    
  Chart July    
  Chart Fall '17    
 Soybeans Chart Mch    
  Chart May    
  Chart July    
  Chart Fall '17    
Odessa Delivery Basis   Cash    
 Corn Chart Mch    
  Chart May    
  Chart July    
  Chart Fall '17    
 Soybeans Chart Mch    
  Chart May    
  Chart July    
  Chart Fall '17    
Price as of 03/24/17 08:59AM CDT.
Click to view more Cash Bids

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DTN Grain News
DTN Early Word Grains 03/24 05:56
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DTN National HRS Index 03/23
Portland Grain Review 03/23
Grainbelt Weather Roundup
FARM MARKET NEWS - CORN REPORT FOR Wed, March 22
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, March 22
USDA Daily Market Rates 03/24 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 17 357'0 358'0 356'2 357'6 1'0 356'6 08:49A Chart for @C7K Options for @C7K
Jul 17 364'6 365'6 363'6 365'4 1'0 364'4 08:49A Chart for @C7N Options for @C7N
Sep 17 372'2 373'0 371'2 373'0 1'0 372'0 08:49A Chart for @C7U Options for @C7U
Dec 17 380'0 381'2 379'2 380'6 0'6 380'0 08:49A Chart for @C7Z Options for @C7Z
Mar 18 389'0 390'4 388'6 390'2 1'2 389'0 08:49A Chart for @C8H Options for @C8H
May 18 393'6 395'2 393'6 394'6 0'6 394'0 08:48A Chart for @C8K Options for @C8K
Jul 18 397'4 399'0 397'4 398'4 1'0 397'4 08:48A Chart for @C8N Options for @C8N
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
May 17 990'4 991'0 981'6 984'6 -6'2 991'0 08:49A Chart for @S7K Options for @S7K
Jul 17 1001'0 1001'2 992'0 995'0 -6'4 1001'4 08:49A Chart for @S7N Options for @S7N
Aug 17 1003'2 1003'6 994'4 997'2 -6'4 1003'6 08:49A Chart for @S7Q Options for @S7Q
Sep 17 995'0 995'0 989'2 989'2 -7'4 996'6 08:49A Chart for @S7U Options for @S7U
Nov 17 990'6 990'6 983'2 986'0 -5'2 991'2 08:49A Chart for @S7X Options for @S7X
Jan 18 996'0 996'0 989'0 990'2 -6'4 996'6 08:48A Chart for @S8F Options for @S8F
Mar 18 997'6 997'6 992'4 992'4 -6'4 999'0 08:48A Chart for @S8H Options for @S8H
@W - WHEAT - CBOT
Month Open High Low Last Change Close Time More
May 17 421'4 426'2 420'6 425'6 4'6 421'0 08:49A Chart for @W7K Options for @W7K
Jul 17 435'6 440'6 435'6 440'2 4'2 436'0 08:49A Chart for @W7N Options for @W7N
Sep 17 450'6 456'0 450'6 455'4 4'4 451'0 08:49A Chart for @W7U Options for @W7U
Dec 17 470'4 475'0 470'4 474'6 4'0 470'6 08:49A Chart for @W7Z Options for @W7Z
Mar 18 486'4 488'2 486'2 488'2 3'0 485'2 08:48A Chart for @W8H Options for @W8H
May 18 495'0 497'2 493'2 493'2 -2'2 493'0s 08:48A Chart for @W8K Options for @W8K
Jul 18 500'6 503'6 500'6 503'6 4'2 499'4 08:48A Chart for @W8N Options for @W8N
@KW - HARD RED WINTER WHEAT - KCBT
Month Open High Low Last Change Close Time More
May 17 428'6 431'2 428'2 431'2 3'2 428'0 08:48A Chart for @KW7K Options for @KW7K
Jul 17 440'6 444'0 440'4 444'0 3'2 440'6 08:48A Chart for @KW7N Options for @KW7N
Sep 17 455'6 458'2 455'2 457'2 1'6 455'4 08:48A Chart for @KW7U Options for @KW7U
Dec 17 477'4 479'6 477'0 479'2 2'2 477'0 08:48A Chart for @KW7Z Options for @KW7Z
Mar 18 494'6 494'6 494'6 494'6 2'2 492'4 08:48A Chart for @KW8H Options for @KW8H
May 18 502'4 502'4 502'4 502'4 -4'0 501'4s 08:48A Chart for @KW8K Options for @KW8K
Jul 18 508'0 508'0 505'4 505'4 -4'0 505'4s 08:48A Chart for @KW8N Options for @KW8N
@GF - FEEDER CATTLE - CME
Month Open High Low Last Change Close Time More
Mar 17 134.075 134.750 133.800 133.800 0.100 133.700 08:48A Chart for @GF7H Options for @GF7H
Apr 17 135.800 136.825 135.275 135.550 0.200 135.350 08:48A Chart for @GF7J Options for @GF7J
May 17 134.175 135.225 133.800 134.000 - 0.025 134.025 08:48A Chart for @GF7K Options for @GF7K
Aug 17 135.675 136.350 135.100 135.150 - 0.325 135.475 08:48A Chart for @GF7Q Options for @GF7Q
Sep 17 134.975 135.725 134.950 134.950 134.950 08:48A Chart for @GF7U Options for @GF7U
Oct 17 133.900 134.150 133.525 133.525 - 0.250 133.775 08:48A Chart for @GF7V Options for @GF7V
@LE - LIVE CATTLE - CME
Month Open High Low Last Change Close Time More
Apr 17 121.950 122.375 121.775 121.975 0.200 121.775 08:49A Chart for @LE7J Options for @LE7J
Jun 17 112.875 113.425 112.700 112.825 0.025 112.800 08:49A Chart for @LE7M Options for @LE7M
Aug 17 107.900 108.425 107.800 107.875 - 0.025 107.900 08:49A Chart for @LE7Q Options for @LE7Q
Oct 17 107.700 107.950 107.350 107.350 - 0.250 107.600 08:48A Chart for @LE7V Options for @LE7V
Dec 17 108.150 108.400 107.875 107.900 - 0.250 108.150 08:48A Chart for @LE7Z Options for @LE7Z
Feb 18 108.250 108.375 107.925 107.925 - 0.325 108.250 08:48A Chart for @LE8G Options for @LE8G
@HE - LEAN HOGS - CME
Month Open High Low Last Change Close Time More
Apr 17 69.350 69.350 68.700 69.075 -0.275 69.350 08:49A Chart for @HE7J Options for @HE7J
May 17 73.775 74.350 73.775 74.025 0.075 73.950 08:49A Chart for @HE7K Options for @HE7K
Jun 17 77.600 78.200 77.100 77.900 0.300 77.600 08:49A Chart for @HE7M Options for @HE7M
Jul 17 77.225 77.725 76.850 77.525 0.250 77.275 08:49A Chart for @HE7N Options for @HE7N
Aug 17 77.075 77.450 76.875 77.400 0.275 77.125 08:48A Chart for @HE7Q Options for @HE7Q
Oct 17 67.500 68.050 67.500 68.025 68.025 08:48A Chart for @HE7V Options for @HE7V
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: 63oF Feels Like: 63oF
Humid: 49% Dew Pt: 43oF
Barom: 29.84 Wind Dir: SSE
Cond: N/A Wind Spd: 10 mph
Sunrise: 7:11 Sunset: 7:31
As reported at Warrensburg, MO at 8:00 AM
 
Local Radar
Lexington, MO
Radar
 
Local Forecast
Lexington, MO

Friday

Saturday

Sunday

Monday

Tuesday
High: 70°F
Low: 58°F
Precip: 80%
High: 62°F
Low: 52°F
Precip: 80%
High: 66°F
Low: 46°F
Precip: 57%
High: 66°F
Low: 51°F
Precip: 57%
High: 67°F
Low: 45°F
Precip: 0%
View complete Local Weather
 
DTN Weather Summary
Rain Friday in Plains, Midwest
Bryce Anderson (Bio) – DTN Meteorologist

Areas of central Plains and Northern Plains to see rain today, and heavier rain in the Northwest. Ligher rain in the Southeast Plains. » More DTN Weather Commentary

Posted at 6:00AM Fri Mar 24, 2017 CDT

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