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
CropLife 100CHS To Build $3 Billion Fertilizer Plant In North Dakota
September 5, 2014
The fertilizer plant in Spiritwood will be the single largest investment in CHS history, as well as the single largest private investment project ever undertaken in North Dakota. Read More
CropLife 100BRANDT Acquires Lemon Ag Services
August 4, 2014
The acquisition of Lemon Ag fits BRANDT’s aggressive corporate strategy of providing superior agronomic advice and services for customers in central Illinois. Read More
CropLife 100Wilbur-Ellis To Relocate Agribusiness Division To Denver
July 16, 2014
The move Eastward will allow Wilbur-Ellis’ Agribusiness Division to be more accessible to relevant geographies and is expected to enhance communication and collaboration among the division’s nearly 3,000 employees. Read More
CropLife 100CHS To Acquire Illinois River Energy Ethanol Plant
May 1, 2014
CHS has signed an agreement with Sinav Ltd. to acquire 100% of the company's stock, which includes Illinois River Energy, a 133-million-gallon-per-year ethanol plant at Rochelle, IL. Read More
Top 100 Articles
CropLife 100The Andersons Starts Venture Capital Subsidiary
January 26, 2015
The Andersons has established Maumee Ventures, a venture capital subsidiary designed to foster promising innovations that strategically align with the company’s core businesses. Read More
CropLife 100CHS Partners With Northern Partners Coop On Fertilizer Warehouse
January 21, 2015
In addition, the two companies will form a joint venture to build and operate a grain barge loading facility that will handle corn, soybeans and wheat for export through the CHS terminal at Myrtle Grove, LA. Read More
CropLife 100Wilbur-Ellis Move To Colorado Complete
January 20, 2015
Wilbur-Ellis Co. announces the opening of its new Agribusiness Division location in the Denver, CO, Metro Area. The new facility will host key personnel as the company shifts the base of its Agribusiness operations from California to Colorado. Read More
CropLife 100United Suppliers, McGregor Co., Five Others To Form Aligned Ag Distributors
January 20, 2015
These companies will continue to operate as independently owned and operated businesses, however, their crop protection divisions will now be formally aligned under the umbrella of Aligned Ag Distributors. Read More
CropLife 100Bozeman Named SEEDWAY Chief Operating Officer
January 16, 2015
He succeeds Donald Wertman, who will retire at the end of August 2015 after 40 years with the GROWMARK subsidiary. Read More
CropLife 100Wilbur-Ellis’ Craig Bair Honored For Safety Contributions To Ag Aviation
January 14, 2015
The William O. Marsh Safety Award recognizes significant achievements in safety, safety education or an outstanding operational safety program. Read More
Latest News
Frogeye Leaf Spot on soybean
FungicidesFungicides Promising Yield Bumps In Tough Times
February 1, 2015
Some exciting newcomers should make selling fungicides easier. Read More
Seed/BiotechDow Details Enlist Trait Stacking Standards
January 30, 2015
Dow says it will allow the Enlist trait to be stacked with advanced glyphosate traits only, and will not allow stacking with the first generation of the Roundup Ready trait. Read More
ManagementCropLife Retail Week: IFCA’s Jean Payne on Illinois wat…
January 30, 2015
Editor Eric Sfiligoj shares insight from the Illinois Fertilizer and Chemical Association conference including a chat with IFCA President Jean Read More
ManagementOABA Conference Set To Highlight Trends, Technology And…
January 29, 2015
The third annual Ohio AgriBusiness Association (OABA) Industry Conference is set to take place February 4-5. Read More
FertilizerThe Fertilizer Institute President Jahn Testifies Befor…
January 28, 2015
The committee hearing, "Freight Rail Transportation: Enhancing Safety, Efficiency, and Commerce," looked at challenges facing our nation's freight rail network created by higher demand, rules and regulations and infrastructure needs. Read More
HerbicidesPurdue University Acquires Technology For Herbicide Mol…
January 28, 2015
Protea's LAESI DP-1000 Instrument System will be used in Purdue's College of Agriculture, the Department of Botany and Plant Pathology, for the molecular imaging of herbicide active ingredients and other related compounds to optimize herbicide applications and improve weed management.  Read More
FertilizerH.J. Baker Hires New Crop Peformance Marketing Manager
January 27, 2015
As Marketing Manager for the Crop Performance division, Usman Khalid will work out of H.J. Baker’s global headquarters in Westport, CT, and will drive new initiatives for the division. Read More
CropLife 100The Andersons Starts Venture Capital Subsidiary
January 26, 2015
The Andersons has established Maumee Ventures, a venture capital subsidiary designed to foster promising innovations that strategically align with the company’s core businesses. Read More
Exclusive state-of-the art Stueve Construction designed “Vista View” Elevated Control Room.
Eric Sfiligoj2015 Agricultural Market Read: Mixed
January 26, 2015
The agricultural market could look radically different this year, profit-wise, depending upon which segment you do business in. Read More
Edward Chell Biosafe
Crop InputsBioSafe Systems Names Ed Chell California Territory Man…
January 26, 2015
BioSafe Systems has announced the recent addition of Ed Chell as California Territory Manager for the agrichemical division, supporting the crop protection, water treatment and food safety business segments. Read More
InsecticidesBayer CropScience Introduces Sivanto Insecticide
January 26, 2015
Sivanto precisely targets key damaging pests at multiple insect life stages to prevent damage to plants and help minimize the spread of diseases from insect carriers. Read More
ManagementRetail Collaboration, Communicating Agriculture’s Good …
January 23, 2015
Editors Paul Schrimpf and Eric Sfiligoj discuss the recent creation of Aligned Ag Distributors, and the US Farmers and Ranchers Read More
FertilizerOSU Expert: Toledo Water Crisis A Turning Point For Ohi…
January 23, 2015
The August 2014 water crisis in Toledo, OH, impacted Ohioans’ views of Lake Erie algae problems by increasing the attribution of blame of algae growth on agriculture. Read More
FertilizerH.J. Baker Launching TIGER XP
January 22, 2015
Tiger-Sul introduces this next generation sulphur-bentonite product with a proprietary activator – ensuring farmers have a well-balanced nutrient replacement program. Read More
Crop InputsH.J. Baker Expands China Sales Force
January 21, 2015
Global Agricultural firm H.J. Baker announced that sales veteran Shi Dongshen has joined their Shanghai office in China. This newest hire follows the recent opening of their Lianyungang Sulphur Bentonite Plant. Read More
CropLife 100CHS Partners With Northern Partners Coop On Fertilizer …
January 21, 2015
In addition, the two companies will form a joint venture to build and operate a grain barge loading facility that will handle corn, soybeans and wheat for export through the CHS terminal at Myrtle Grove, LA. Read More
Matt Hopkins5 Bold Predictions For Ag Retail In 2015
January 21, 2015
This past year was filled with ups and downs for the nation’s top ag retailers, but what will 2015 have in store? Read More
SoftwareDeere Launches App Center
January 20, 2015
The John Deere App Center provides users the ability to search and find apps most useful to their business or operations. Read More