Year: 2018
Strategies for Managing Equipment Expenses
Razor-thin profit margins and depleted capital reserves have forced many farmers to re-evaluate the way they manage their machinery. Low prices for corn, soybeans and other commodities have producers looking to cut costs wherever possible. The belt tightening has prompted many farmers to forego replacing much of the farm equipment […]
Tough Times Persist
Farmers looking for a reprieve from low commodity prices may have to continue waiting for market conditions to improve before they see any relief. Record harvests and increasing foreign competition have flooded global commodity markets with an oversupply of corn, soybeans and wheat. Until the surplus disappears, economists say it […]
Rural Opioid Epidemic
Survey Shows Massive Impact in Farm Country The results of a survey recently published by the American Farm Bureau Federation (AFBF) and the National Farmers Union (NFU) shows farmers and ranchers have been hit significantly harder by the opioid crisis than rural populations overall. While just under half of rural […]
Counting All Farmers
Census Tells the True Story About the State of U.S. Agriculture The 2017 Census of Agriculture, which provides detailed data covering nearly every facet of U.S. agriculture, is underway and millions of agricultural operators across the United States are encouraged to promptly complete the survey to fully demonstrate the value […]
Fuel Contracting Season is Here
Diesel prices have gone up roughly 55 cents per gallon from the mid-year low, and this is the kind of price rally that we are all trying to protect against by contracting our fuel. This is why putting in a little effort now to determine your fuel budget and target […]
5 Questions with Kim Diehl
What motivated you to get involved with the cooperative and serve on the board? It seems like most people these days are too content to sit back and watch things happen. I prefer to get involved in the organizations I’m a part of because I want to help make a […]
Longtime MFA Oil Employee Marvin VanLeer Retires
Have you ever believed in anything so strongly that you would want anyone who sees you to know it instantly? Would you go so far as to shave it into the hair on the sides of your head? That’s the kind of dedication Marvin VanLeer had for MFA Oil during […]
Keeping Membership and Patronage Accurate
MFA Oil’s farmer-owners will soon receive their patronage checks in the mail, and there’s one department members can thank. The company’s Records Services department is responsible for not only mailing equity and patronage checks, but also keeping membership information up-to-date and maintaining other customer-related paperwork. Any customer who is involved […]
MFA Oil Acquires Callaway Propane LLC
MFA Oil Company, a farmer-owned energy supply cooperative, announces it has acquired full ownership of Callaway Propane LLC in Fulton, Mo., effective Jan. 2. Callaway Propane was formed in 1998 as a partnership between MFA Oil and Callaway Electric Cooperative.