MFA Celebrates A Century In Ag Retail

Columbia’s MFA Incorporated will begin a year of celebrating its 100th anniversary in business with a presentation 4:30 to 5:30 p.m., October 28, in the Columns Ballroom, Reynolds Alumni Center, on the University of Missouri campus.

Bill Streeter, president and CEO of the company, and his leadership team, will review the company’s history and discuss its future goals.

MFA is the oldest regional farm supply and marketing cooperative in the United States. It serves more than 45,000 farmers and ranchers, and supplies feed, plant food and crop-protection products. It has sales of more than $1 billion annually.

Founded on March 10, 1914, MFA (which then stood for Missouri Farmers Association) was organized in Brunswick, MO, at the Newcomer School. William Hirth was MFA’s founder, serving until his death in 1940. By the 1920s, MFA represented 400 local cooperatives. The cooperative created independent companies to serve its members: MFA Oil in 1929 and Shelter Insurance in 1946.

Streeter’s Oct. 28 presentation, open to the public, is part of the Executive-in-Residence, a program by the MU College of Agriculture, Food and Natural Resources (CAFNR).  Streeter, a 1970 graduate of CAFNR with a degree in agriculture, will lead several classes Oct. 28-29 as an Executive-in-Residence. These classes will detail the nation’s agriculture marketing system, leadership and communication skills. Streeter will host a seminar that will give students one-on-one interaction and insight into business and government.

The CAFNR Executive-in-Residence Program, inaugurated in 1997, was endowed by the Robert Reich family. The program brings business executives and students together in an informal environment that allows spontaneous interaction.

After graduation from CAFNR, Streeter served in the U.S. Army, including a tour in Vietnam with the field artillery.

In April 1973, he joined MFA Oil Company as a technical sales representative. In 1978, Streeter became Manager of Farm Supply for MFA Incorporated, and in 1982 he was promoted to Sales Manager for Retail Distribution.

Streeter was promoted to Vice President of Corporate Sales for MFA Incorporated in 1986. He was made Senior Vice president of the Agri Services Division in 1999. In that capacity, he headed a structure responsible for more than 130 MFA company-owned retail facilities, seven feed manufacturing locations, 97 plant foods operations, and a wide variety of MFA subsidiaries and joint ventures.

Streeter became President and CEO of MFA in March 2009. During this tenure, he implemented an enhanced strategic planning program for finance, marketing and risk management. Sales increased 40%, and under these plans, the company’s net worth has nearly doubled. He has also guided the company toward a comprehensive employee training program to ensure MFA stays in the lead for agricultural technology and delivers top-tier professional service to its customers.

Streeter serves as President of the MFA Incorporated Charitable Foundation, and President of the MFA Foundation. He serves as a trustee for the MU College of Agriculture Foundation.

Previous CAFNR Executives-in-Residence include Michael D’Ambrose, senior vice president of Archer Daniels Midland Company; Richard D. Maltsbarger, senior vice president of Strategy for Lowe’s; William Buckner, president and CEO of Bayer CropScience; and Carl Hausmann, chief executive officer of Bunge North America.

Leave a Reply

CropLife 100 Stories

Crop InputsLand ‘O Lakes, United Suppliers Finalize Merger
August 24, 2015
According to a press release on August 24, owners of United Suppliers, Inc. and members of Land O’Lakes, Inc. “have Read More
West Central Cooperative, Jefferson, IA
CropLife 100Iowa Cooperatives To Explore Unification
August 19, 2015
The boards of directors at two of Iowa’s leading farmer-owned cooperatives yesterday signed a letter of intent to study the Read More
CropLife 100Southern States Coop Hosting Drone Flight This Friday
August 3, 2015
Southern States Cooperative — No. 9 on the CropLife 100 — is hosting an FAA-approved drone demonstration at Grandview Farms Read More
CropLife 100Aligned Ag Distributors Adds Four New Owners
July 30, 2015
Aligned Ag Distributors LLC has announced the addition of four new customer/owners to Franklin Holding Co. LLC. They are: The Read More
Top 100 Articles
Crop InputsLand ‘O Lakes, United Suppliers Finalize Merger
August 24, 2015
According to a press release on August 24, owners of United Suppliers, Inc. and members of Land O’Lakes, Inc. “have Read More
West Central Cooperative, Jefferson, IA
CropLife 100Iowa Cooperatives To Explore Unification
August 19, 2015
The boards of directors at two of Iowa’s leading farmer-owned cooperatives yesterday signed a letter of intent to study the Read More
CropLife 100Southern States Coop Hosting Drone Flight This Friday
August 3, 2015
Southern States Cooperative — No. 9 on the CropLife 100 — is hosting an FAA-approved drone demonstration at Grandview Farms Read More
CropLife 100Aligned Ag Distributors Adds Four New Owners
July 30, 2015
Aligned Ag Distributors LLC has announced the addition of four new customer/owners to Franklin Holding Co. LLC. They are: The Read More
CropLife 100Pinnacle Purchases California-Based Specialty Crops Retailer
July 20, 2015
Pinnacle Agriculture Holdings has successfully acquired California-based NH3 Service Co.  Operating as part of Pinnacle’s Performance Agriculture brand, the new locations Read More
Asmus Farm Supply liquid fertilizer facility features 20,000 square feet
CropLife 100Slideshow: Asmus Farm Supply Shows Off Its New Liquid Fertilizer Facility
July 15, 2015
Asmus Farm Supply, Rake, IA, recently added a new liquid fertilizer facility to its company operations. The new liquid fertilizer Read More
Latest News
Crop InputsNFU: Monsanto Decision To Withdraw Syngenta Bid ‘…
August 26, 2015
National Farmers Union (NFU) President Roger Johnson said the organization was very pleased by the news that Monsanto has withdrawn Read More
Crop InputsMonsanto Withdraws Bid For Syngenta
August 26, 2015
Monsanto Co. abandoned its latest effort to acquire Syngenta AG, the world’s top maker of pesticides, after a sweetened bid Read More
Syngenta Sign
Crop InputsSyngenta Comments On Monsanto Announcement
August 26, 2015
The Board of Syngenta confirms that it received a verbal proposal from Monsanto to acquire the company at a price Read More
Case IH Patriot 2250 Sprayer
EquipmentHigh-powered Case IH Patriot 2250 Sprayer Pushes Throug…
August 26, 2015
Engineered with more muscle, the new 660-gallon-capacity Patriot 2250 sprayer features best-in-class horsepower, along with the fuel efficiency that comes Read More
Crop InputsLand ‘O Lakes, United Suppliers Finalize Merger
August 24, 2015
According to a press release on August 24, owners of United Suppliers, Inc. and members of Land O’Lakes, Inc. “have Read More
TMX-2050 In-Cab Display Launch Run Screen
Eric SfiligojPrecision Ag Could Shine In Increased Spotlight On Agri…
August 24, 2015
By any measure, 2015 is turning into one of the most challenging years agriculture has ever experienced. All throughout good Read More
ManagementCrop Conditions In Minnesota and Traveling Time
August 21, 2015
Editors Paul Schrimpf and Eric Sfiilgoj discuss the crop outlook from a field trip to Minnesota and upcoming travel plans. Read More
HerbicidesREUTERS: Anti-GMO ‘Scientist’ Calls For New…
August 20, 2015
EDITORS NOTE: We feel that it is important to note that there are those that believe one of the lead Read More
Rendering of Syngenta Seedcare Institute expansion
Seed/BiotechSyngenta Announces Seedcare Application And Resource Ce…
August 19, 2015
Syngenta recently announced the Seedcare Application and Resource Center, a collaborative new website designed exclusively for Syngenta Seedcare customers to Read More
Winter Wheat
Industry NewsArysta LifeScience Announces Two New Regional Sales Man…
August 19, 2015
Arysta LifeScience North America recently announced Steve Vining and Phil Reding have each accepted new positions as Regional Sales Managers. Read More
West Central Cooperative, Jefferson, IA
CropLife 100Iowa Cooperatives To Explore Unification
August 19, 2015
The boards of directors at two of Iowa’s leading farmer-owned cooperatives yesterday signed a letter of intent to study the Read More
Golden Harvest Corn healthy leaves
Industry NewsAligned Ag Distributors Names Vice President, Crop Prot…
August 18, 2015
Aligned Ag Distributors LLC have appointed Warren Hragyil to VP Crop Protection. Hragyil comes to Aligned Ag Distributors LLC with Read More
Industry NewsH.J. Baker Hires Manager For Crop Performance Division
August 18, 2015
H.J. Baker has announced Donald Sutton has joined the company’s Crop Performance Division as a part of the U.S. sales Read More
Radish cover crop taproot
Crop InputsSoil Health Field Days Promote Agricultural Evolution
August 18, 2015
Brent Bible practiced no-till farming and the use of cover crops on his farm in Lafayette, Indiana, but until recently, Read More
Cover Crop on corn
Industry NewsMore Farmers Find Healthy Soil Works For Crops, Bottom …
August 17, 2015
Doug Toussaint’s field was in critical condition — and he was the one killing it, reports Dan Gunderson on MPRNews. Read More
Deere tillage
Crop InputsTillage Practices Have A Direct Correlation To Soil Hea…
August 17, 2015
Many areas, including Michigan, have experienced a heightened sense of awareness of the importance of soil quality, according to Michigan Read More
Eric SfiligojAn Interesting Water Issue On The West Coast
August 17, 2015
A few weeks ago at the 2015 Environmental Respect Awards event in Wilmington, DE, one of the speakers talked about Read More
CF Industries' Donaldsonville, LA, nitrogen complex expansion site.
Industry NewsBleak Outlook Sparks Frenzied Dealmaking In Nitrogen Fe…
August 17, 2015
Sinking crop prices and frenzied output growth by producers have sparked a flurry of dealmaking worth nearly $10 billion in Read More