en.Wedoany.com Reported - COLUMBIA, MISSOURI — MFA, a farmer-owned agricultural cooperative, recently announced it has agreed to acquire four grain elevators located in Missouri from global agribusiness ADM. This transaction will expand MFA's grain procurement network and enhance its market coverage capabilities; specific financial details were not disclosed.

The acquired facilities are located in Montgomery City, Centertown, Novelty, and Shelbina, Missouri, with a total storage capacity of approximately 6 million bushels. In an April 16 announcement, MFA stated that these elevators are situated in key grain-producing regions and will be integrated into MFA's existing grain handling system.

"Grain procurement is a core service we provide to our members," said Jason Weirich, Chief Operating Officer of MFA. "By incorporating these facilities, we will increase the accessibility of delivery points and optimize logistical processes. This helps maintain a more competitive market environment for our members and creates greater value for growers through the cooperative model."

Weirich added that MFA plans to fulfill the existing grain contracts at these locations after the acquisition is completed, subject to routine reviews. The facilities are expected to maintain normal operations, ensuring continuity of service.

"These elevators are conveniently located to effectively serve local growers," Weirich emphasized. "Our focus is on ensuring efficient grain movement and providing stable, reliable service to our members."

The transaction is expected to close in late summer 2026, subject to customary closing conditions and due diligence. MFA indicated that the acquisition has received board approval and aligns with its long-term strategy of making robust investments in infrastructure that directly supports producers.

Weirich also noted, "We view this as a long-term investment in local agriculture and rural communities."

MFA provides grain trading, agronomic support, animal nutrition, and risk management services to more than 45,000 members in Missouri and surrounding states. Currently, MFA owns 65 grain storage facilities with a total capacity of 46.4 million bushels. According to Sosland Publishing Company's 2026 "Grain & Milling Annual," MFA ranks as the 38th largest grain handling company in North America.

"As a cooperative, every capital decision is based on member value considerations," said Bob Huffman, President and CEO of MFA. "This investment strengthens our grain system and further fulfills MFA's mission of being owned by farmers and serving farmers."

According to the same annual, Chicago-based ADM is the largest grain handling company in North America, operating 345 storage facilities with a total capacity of 444.5 million bushels.

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