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

Greg Musson, Gar Tootelian
CropLife 100California Ag Retailer Steps Up To Feed Families Affected By Drought
September 16, 2016
GAR Tootelian, Inc. (GAR) in Reedley, CA, is challenging the Central Valley to help raise enough money and provide 525,000 meals Read More
Wilbur-Ellis Sedgwick Grand opening 2015
CropLife 100Wilbur-Ellis Receives ResponsibleAg Certification At Sedgwick Location
September 9, 2016
Wilbur-Ellis Co., a recognized leader in precision agriculture technology and the distribution of crop protection products, announces the ResponsibleAg certification Read More
Growmark FS Outlet
CropLife 100GROWMARK To Build New Fertilizer Facility In Ayr, Ontario
August 31, 2016
GROWMARK announced plans Wednesday to build a new state-of-the-art fertilizer facility in Ayr, Ontario. It will be managed by FS Read More
CHS St. Paul, MN fertilizer terminal
CropLife 100CHS Completes $10 Million Renovation Of St. Paul Agronomy Fertilizer Terminal
August 29, 2016
CHS Inc., North America’s leading farmer-owned cooperative and a global energy, grains and foods company, has completed a $10 million Read More
Trending Articles
Corn Field
Eric SfiligojFacing Ag Industry Challenges
September 26, 2016
At the 2016 annual Mid America CropLife Association (MACA) meeting in September, a pair of crop protection company representatives discussed Read More
Bayer Monsanto
Crop InputsBayer-Monsanto Mega-Merger: 6 Things You Need To Know
September 14, 2016
Mega mergers have become almost routine in the agricultural industry. Right on the heels of Monday’s news that fertilizer giants Potash Read More
Potash Corp Agrium
Crop InputsAgrium, Potash Corp To Merge To Create $36 Billion Company
September 12, 2016
Canada’s Agrium Inc. and Potash Corp of Saskatchewan Inc. have agreed to combine in a deal that would create a Read More
Osage Co-op Elevator Osage, IA Finished Building
OpinionAre We Crazy?
September 8, 2016
At some point in the first few months of my employment here at CropLife® magazine, I started getting curious about Read More
ManagementMAGIE 2016 Highlights and Deere Anti-Trust
September 1, 2016
CropLife Editor Eric Sfiligoj discusses the recent Midwest AG Industries Exposition and the Department of Justice’s objection to John Deere Read More
ASMARK 2016 Retailers Live! Tour - CPS
CropLife 100CPS Acquires Texas Retail Operation
August 23, 2016
Crop Production Services (CPS) has acquired the assets of Larry’s Chemical and Spray, Inc., for an undisclosed amount in an Read More
Latest News
Young Corn Field
StewardshipStudy: Ohio Farmers Doing ‘A Good Job Of Managing…
September 27, 2016
Leaders from Ohio’s largest grain farming organizations announced today that Ohio farmers are doing their part in effectively managing phosphorus Read More
Growmark FS Outlet
Industry NewsGROWMARK To Purchase Suncor’s Share Of UPI
September 26, 2016
GROWMARK and Suncor have reached an agreement in which GROWMARK will purchase Suncor’s 50% interest in UPI, Inc. in Ontario, Read More
Corn Field
Eric SfiligojFacing Ag Industry Challenges
September 26, 2016
At the 2016 annual Mid America CropLife Association (MACA) meeting in September, a pair of crop protection company representatives discussed Read More
Syngenta Seedcare Institute
Seed/BiotechSyngenta Opens New North America Seedcare Institute In …
September 23, 2016
Syngenta unveiled its new Seedcare Institute in Stanton, MN, during a recent grand opening celebration. More than 150 industry leaders, Read More
StewardshipMonsanto Invests $1.6 Million In System To Quantify Gre…
September 23, 2016
The USDA – Natural Resources Conservation Service (USDA-NRCS) recently awarded the National Corn Growers Association (NCGA) and its Soil Health Read More
Pipe rack
LegislationCourt Sides With Ag Retailers On PSM
September 23, 2016
The D.C. Court of Appeals has ruled the Occupational Safety and Health Administration violated the Occupational Safety and Health Act when Read More
ManagementPacific Coast Fertilizer Announces Interest In Longview…
September 22, 2016
Pacific Coast Fertilizer LP (PCF) announced at the Cowlitz Economic Development Council board of directors meeting its interest in developing Read More
Young corn plants in soil
UncategorizedCool Planet Raises Additional $9 Million To Commerciali…
September 22, 2016
Cool Planet has announced the first close of a new financing round to commercialize the company’s Cool Terra Engineered Biocarbon Read More
Crop InputsJim Loar Promoted To President And CEO Of Cool Planet
September 22, 2016
In a move that reflects and reinforces the company’s commitment to the agricultural market, the Cool Planet board of directors Read More
BlendersNorth Dakota Coop Debuts Dry Fertilizer Plant
September 22, 2016
North Central Grain Cooperative has begun operations at a new dry fertilizer plant at its Rolla, ND, site. It is Read More
Crop InputsMonsanto, Bayer Officials Defend Proposed $66 Billion M…
September 21, 2016
Top officials for Monsanto and Bayer defended their proposed $66 billion merger before skeptical senators on Tuesday, insisting that the Read More
ManagementUpcoming Shows & Recent Events
September 19, 2016
Editors Paul Schrimpf and Eric Sfiligoj talk about upcoming trade shows and events and review the Mid America CropLife Association Read More
Industry NewsVerdesian Life Sciences Appoints New CEO
September 19, 2016
Verdesian Life Sciences, a plant health and nutrition company, today announced that its board of directors has named Kenneth M. Avery Read More
Corn
Crop InputsEPA Settles With Syngenta For Alleged Multi-Regional Pe…
September 19, 2016
The U.S. EPA has announced a multi-region settlement with Syngenta Crop Protection, LLC (Syngenta) in Greensboro, NC, for alleged violations of Read More
ManagementMerger Mania
September 16, 2016
Editors Paul Schrimpf and Eric Sfiligoj discuss this week’s mega-ag mergers of Bayer and Monsanto and Potash and Agrium. Read More
Monsanto sign
Crop InputsMonsanto Ends Up Being A Bargain For Bayer
September 16, 2016
History will say Bayer got a bargain in its $66 billion purchase of Monsanto, writes David Nicklaus, St. Louis Post-Dispatch. The Read More
Greg Musson, Gar Tootelian
CropLife 100California Ag Retailer Steps Up To Feed Families Affect…
September 16, 2016
GAR Tootelian, Inc. (GAR) in Reedley, CA, is challenging the Central Valley to help raise enough money and provide 525,000 meals Read More
Crop InputsBayer, Monsanto CEOs Discuss Merger
September 15, 2016
Werner Baumann, Bayer CEO, and Hugh Grant, Monsanto CEO, discuss why they decided to merge their companies. Read More