Farmer owned cooperative strengthens market access and storage across Missouri
MFA Incorporated, a farmer owned agricultural cooperative, has announced an agreement to acquire four grain elevators in Missouri. This decision supports the cooperative’s goal of improving services for farmers while strengthening the state’s agricultural infrastructure.
The acquisition includes grain elevators located in Montgomery City, Center, Novelty, and Shelbina. Together, these facilities offer about six million bushels of licensed grain storage capacity.
They are situated in major grain producing areas and will become part of MFA’s existing grain network once the transaction is completed.
"Grain origination is a core service that MFA provides to our members," said MFA Chief Operations Officer, Jason Weirich. "By bringing these facilities into our cooperative system, we're expanding access to delivery points and improving our grain handling logistics. These assets will help maintain competitive markets for the grain our members grow and deliver growers the benefits available by marketing through a cooperative."
Grain origination is a core service for MFA and plays an important role in connecting farmers to competitive markets. By adding these elevators, MFA will expand delivery options and improve grain handling efficiency for its member owners.
The cooperative believes this will help farmers move their crops smoothly and receive fair market opportunities.
MFA has stated that normal operations will continue at all four locations after the closing. Existing grain contracts at the facilities will be honored, following standard reviews and applicable conditions. Farmers who currently use these elevators are expected to see steady and dependable service.
The transaction is expected to close in late summer 2026, subject to routine closing conditions and due diligence. The acquisition has already been approved by MFA’s Board of Directors and fits into the cooperative’s long term strategic plan.
"As a cooperative, every capital decision we make is evaluated through the lens of member value," said MFA President and CEO Bob Huffman. "This investment strengthens our grain system and reinforces MFA's mission of being owned by farmers, for farmers."
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