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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 05/01/25 10:26PM 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 25 464'4 464'4 464'2 464'2 0'0 464'2 10:12P Chart for @C5K Options for @C5K
Jul 25 472'2 473'2 471'4 472'6 0'4 472'2 10:13P Chart for @C5N Options for @C5N
Sep 25 438'0 438'6 437'4 438'6 1'4 437'2 10:13P Chart for @C5U Options for @C5U
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
May 25 1039'4 1039'4 1039'4 1039'4 -0'6 1040'2 10:13P Chart for @S5K Options for @S5K
Jul 25 1050'2 1056'0 1050'0 1056'0 5'6 1050'2 10:14P Chart for @S5N Options for @S5N
Aug 25 1045'4 1049'6 1044'6 1049'6 5'4 1044'2 10:14P Chart for @S5Q Options for @S5Q
@W - WHEAT - CBOT
Month Open High Low Last Change Close Time More
May 25 519'6 0'0 515'2 10:11P Chart for @W5K Options for @W5K
Jul 25 530'6 535'0 530'4 534'6 3'6 531'0 10:14P Chart for @W5N Options for @W5N
Sep 25 545'2 549'2 545'0 549'0 3'6 545'2 10:14P Chart for @W5U Options for @W5U
@GF - FEEDER CATTLE - CME
Month Open High Low Last Change Close Time More
May 25 294.825 295.275 291.650 293.050 0.650 293.225s 01:05P Chart for @GF5K Options for @GF5K
Aug 25 297.125 297.550 292.600 294.325 - 0.575 294.450s 01:05P Chart for @GF5Q Options for @GF5Q
Sep 25 296.050 296.225 291.225 292.625 - 0.950 292.850s 01:05P Chart for @GF5U Options for @GF5U
@LE - LIVE CATTLE - CME
Month Open High Low Last Change Close Time More
Jun 25 210.500 210.700 208.325 209.600 1.250 209.650s 01:05P Chart for @LE5M Options for @LE5M
Aug 25 205.525 206.000 203.275 204.425 0.600 204.650s 02:30P Chart for @LE5Q Options for @LE5Q
Oct 25 203.350 203.675 200.875 201.925 0.275 202.225s 01:05P Chart for @LE5V Options for @LE5V
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Month Open High Low Last Change Close Time More
May 25 91.550 92.650 91.450 92.400 0.475 92.400s 03:27P Chart for @HE5K Options for @HE5K
Jun 25 98.000 98.900 97.425 98.175 -0.100 98.175s 02:31P Chart for @HE5M Options for @HE5M
Jul 25 98.525 99.250 97.975 98.925 0.325 98.925s 02:31P Chart for @HE5N Options for @HE5N
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Local Conditions
Glasgow, MO
Chg Zip Code: 
Temp: 59oF Feels Like: 59oF
Humid: 84% Dew Pt: 54oF
Barom: 29.74 Wind Dir: N
Cond: N/A Wind Spd: 1 mph
Sunrise: 6:09 Sunset: 8:04
As reported at OB, MO at 10:00 PM
 
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Bryce Anderson (Bio) – DTN Meteorologist
Posted at 12:02PM Thu May 1, 2025 CDT

Agronomy

DTN Livestock News
DTN Cattle Close/Trends 05/01 15:50
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DTN Closing Livestock Comment 05/01 15:51
CME Feeder Cattle Index 05/01
Weekly Beef Export Sales 05/01 07:35
DTN Livestock Stats at a Glance
DTN Hog Close/Trends 05/01 15:05
Family Business Matters 04/15 04:57

Crop Production
Precision Advantage Program

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Florida Lab-Meat Ban Case Continues
USDA Weekly Crop Progress Report
Cash Market Moves

Today's Farmer Online!
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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