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

CHS Primeland
CropLife 100CropLife 100: The Half-Way Report
July 10, 2017
For more than 30 years now, CropLife® magazine has regularly tracked the state of the ag retail marketplace through its Read More
Greystone Construction built the tension membrane fertilizer storage building (left) and steel seed treater building (right)
CropLife 100Pinnacle Plans President and CEO Transition
June 5, 2017
Pinnacle Operating Corp. has announced Kenny Cordell will be stepping down from his role as President and CEO in the Read More
Alfalfa
CropLife 100Wilbur-Ellis Forms Distribution Agreement with S&W Seed Co.
May 31, 2017
S&W Seed Co., a leader in the alfalfa seed industry, has entered into a distribution agreement with Wilbur-Ellis, a leading Read More
GROWMARK-2017-Interns
CropLife 100GROWMARK Names 2017 Summer Interns
May 16, 2017
Forty-two college students are exploring agricultural career opportunities this summer as GROWMARK interns. They are working at FS member cooperatives Read More
Trending Articles
Stewardship‘Gonna Fly Now’ with Environmental Respect
July 20, 2017
One of the most memorable moments in movie history occurred in the Academy Award-winning 1976 film “Rocky.” Haven gotten his Read More
StewardshipEnvironmental Respect 2017 Kicks Off Enjoying an American Pastime
July 18, 2017
Following months of planning and scheduling, the 2017 Environmental Respect Awards (ERA) celebration kicked off in fine fashion as more Read More
Soybean Closeup
Crop InputsMissouri Lifts Dicamba Ban, Issues Stricter Application Parameters
July 14, 2017
The Missouri Department of Agriculture has lifted its barely week-old ban on new dicamba technologies, which have been at the Read More
Crop InputsMonsanto Responds to Arkansas, Missouri Dicamba Bans
July 10, 2017
Monsanto, provider of the dicamba-tolerant Roundup Ready Xtend crop system for soybeans and cotton, issued the following statement on Friday, Read More
Retail FacilitiesPCS-Hammond Meets Fertilizer Storage Needs with New Dome Facility
July 8, 2017
The new barrel dome facility at the PCS-Hammond Regional Distribution Center in Hammond, IN, can hold more than 100,000 tons Read More
PrecisionAg Vision Conference
Precision AgPrecisionAg® Vision Conference: Focused on the Future
June 13, 2017
PrecisionAg® is pleased to announce the return of its PrecisionAg Vision Conference, October 10-12, 2017. Based on overwhelmingly positive response Read More
Latest News
Stewardship‘Gonna Fly Now’ with Environmental Respect
July 20, 2017
One of the most memorable moments in movie history occurred in the Academy Award-winning 1976 film “Rocky.” Haven gotten his Read More
StewardshipEnvironmental Respect: Grand Grounds, Posters Parade
July 19, 2017
To celebrate their accomplishments in the area of environmental stewardship, award recipients at the 2017 Environmental Respect week spent much Read More
StewardshipHarden’s Message to ERA Winners: Do Tell Your Good Stor…
July 19, 2017
As the daughter of a peanut farmer, Krysta Harden, Chief Sustainability Officer for DuPont Crop Protection, understands the importance the Read More
StewardshipFarming Smarter Hinges on 4R Best Management Practices
July 18, 2017
Preserving water quality while feeding another 2 billion people by 2050 is the challenge facing North America’s farmers and its Read More
StewardshipEnvironmental Respect 2017 Kicks Off Enjoying an Americ…
July 18, 2017
Following months of planning and scheduling, the 2017 Environmental Respect Awards (ERA) celebration kicked off in fine fashion as more Read More
Soybean Field Sunset
OpinionPicking Partners in the Crop Protection Market
July 17, 2017
Agriculture is a market awash in highs, lows, and everything in between. This is certainly true in the world of Read More
TMX-2050-In-Cab-Display-Launch-Run-Screen
EquipmentGPS Auto Steer: Innovating in a Mature Market
July 17, 2017
In the world of Big IRON, GPS auto steer has closely mirrored the evolutionary path of consumer GPS Navigation systems Read More
MFA-Centralia-MO
Eric SfiligojThe Resilience of Ag Retailers
July 17, 2017
After covering the ag retail market for 17 years, I think one of the most impressive character traits I’ve seen Read More
SERA-meeting
Stewardship4R Event Explores How to Minimize Phosphorus Losses
July 17, 2017
This year the Southern Extension and Research Activity (SERA) – 17; will be meeting in Oregon, OH, from August 14-17. Read More
Students Soybean Field
StewardshipCCA 4R Study Guide Available
July 17, 2017
In June the International Plant Nutrition Institute (IPNI) released the Certified Crop Advisor (CCA) 4R Nutrient Management Specialist (4R NMS) Read More
Soil soybean closeup
FertilizerThe 4Rs and Potassium
July 17, 2017
Are we meeting crop K needs? Using the 4R nutrient stewardship approach of selecting the right source at the right Read More
Soil Young Corn
StewardshipTop 10 Themes from the 2017 4R Nutrient Stewardship Sum…
July 17, 2017
Preserving water quality while feeding another 2 billion people by 2050 is the challenge facing North America’s farmers and its Read More
Soybean Field Sunset
Crop InputsWhich is Better for Soybeans: Fall or Spring Applicatio…
July 17, 2017
There have been many questions about fall versus spring applications of phosphorus (P) and potassium (K) to soybeans, writes Dr. T. Read More
corn-potassium-deficiency-University-of-Minnesota-Extension
Crop InputsRecognizing Potassium Deficiency Symptoms in Crops
July 17, 2017
Some crops exhibit characteristic deficiency symptoms when adequate amounts of K are not available for growth and development, according to Read More
ManagementComplexity in Agriculture: The Rise (and Fall?) of Mons…
July 17, 2017
Sometimes it seems as if the ag world is changing so fast that we can barely keep up with it Read More
Crop InputsMonsanto: Illegal, Improper Use at Root of Drift Proble…
July 14, 2017
Monsanto isn’t backing down from the position that its tool — the Roundup Ready Xtend dicamba-tolerant system for soybeans and Read More
Soybean Closeup
Crop InputsMissouri Lifts Dicamba Ban, Issues Stricter Application…
July 14, 2017
The Missouri Department of Agriculture has lifted its barely week-old ban on new dicamba technologies, which have been at the Read More
Crop InputsCreate a ‘No-Mite Zone’ Around Your Fields
July 13, 2017
Explosive. That’s one way to describe the speed at which mite infestations in crops can develop under the right conditions. Read More