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News Release
THE REDWOOD GROUP, LLC COMPLETES ITS ACQUISITION OF THE FOOD, SEED, AND GRAIN OPERATIONS OF LATHROP FEED & GRAIN, INC.
 
MISSION, Kansas, Sept. 1, 2017 -- The Redwood Group, LLC announced today that Redwood has completed the acquisition of Lathrop Feed & Grain, Inc.’s facilities in Lathrop, MO and Pleasant Hill, MO.  Operations at the two sites have begun conducting business as Lathrop FSG, LLC with Redwood as its majority owner.  FSG stands for Food, Seed, and Grain, which are its primary areas of focus. The facilities include over 1,000,000 bushels of grain space with cleaning, sorting, and bagging capabilities for non-GMO and organic grains.  Lathrop FSG is able to load and ship containers, railcars, and trucks.

“We are excited to work with The Redwood Group to grow the business with their market contacts and capital to invest in the local facilities.   We will continue to provide excellent local customer service while investing to bring more marketing options for the local producers,“ stated Stacey Evans, who will continue to serve as General Manager of the business.

“I am excited about the opportunities with Lathrop FSG.  This investment allows us to grow strategically into specialized grain assets that can benefit from Redwood’s experience and customers.  The Lathrop team has built a strong reputation for quality customer service and excellent handling operations and we will continue to grow that with investment in the business for the long-term future,” said Mike Kincaid, President of The Redwood Group, LLC. 

The Redwood Group, LLC is an employee-owned commodity merchandising and supply company headquartered in Mission, KS.  Redwood was formed in 2010 with a focus on offering a wide variety of high quality products and superior customer service.  Redwood trades whole grains, specialty crops, and energy products throughout the United States and Canada and exports products to customers around the globe.

For further information:  Andy Determan, (816) 925-4308, andy.determan@theredwoodgroup.com
 


 

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624 N Pennsylvania Ave
Lawson, MO 64062

(816)296-3262    (816)580-4063    (816)580-4995


Store Hours M-F 8AM to 5PM, Sat 8AM to 12PM
(Lawson Agri Service is the primary retail location)

 ______________________________________


LATHROP FEED & GRAIN
 
"Here to Serve Since 1923"

402 Locust
Lathrop, MO  64465
(816)528-4255

Store Hours M-F 8AM to 5PM

 
 

Quote Ticker
  • CORN (Dec 17) 349'2 -1'2 10/17/17   6:15 AM CST
  • CORN (Mar 18) 363'2 -1'0 10/17/17   6:01 AM CST
  • CORN (May 18) 371'6 -1'0 10/17/17   5:24 AM CST
  • SOYBEANS (Nov 17) 986'0 -5'0 10/17/17   6:15 AM CST
  • SOYBEANS (Jan 18) 996'2 -5'2 10/17/17   6:15 AM CST
  • SOYBEANS (Mar 18) 1006'0 -4'6 10/17/17   6:08 AM CST
  • ETHANOL (Nov 17) 1.418 -0.001 10/17/17   5:45 AM CST
  • ETHANOL (Dec 17) 1.411 -0.008 10/16/17   2:10 PM CST
  • ETHANOL (Jan 18) 1.401 -0.008 10/16/17   1:16 PM CST
  • EUREX SWISS GOV BOND CONF (Dec 17) 161.7400 - 0.0800 10/17/17   6:02 AM CST
  • EUREX SWISS GOV BOND CONF (Mar 18)     CST
  • EUREX SWISS GOV BOND CONF (Jun 18) 159.3200 0.5400 10/16/17   10:15 AM CST
  • HARD RED WINTER WHEAT (Dec 17) 433'0 -0'6 10/17/17   6:09 AM CST
  • HARD RED WINTER WHEAT (Mar 18) 451'4 -0'2 10/17/17   5:15 AM CST
  • HARD RED WINTER WHEAT (May 18) 465'2 -0'4 10/17/17   5:55 AM CST
  • FEEDER CATTLE (Oct 17) 154.125 - 0.050 10/16/17   1:03 PM CST
  • FEEDER CATTLE (Nov 17) 155.025 - 0.450 10/16/17   1:04 PM CST
  • FEEDER CATTLE (Jan 18) 152.950 - 0.500 10/16/17   1:04 PM CST
  • LIVE CATTLE (Oct 17) 111.975 - 1.100 10/16/17   1:04 PM CST
  • LIVE CATTLE (Dec 17) 117.100 - 0.300 10/16/17   1:04 PM CST
  • LIVE CATTLE (Feb 18) 121.225 - 0.150 10/16/17   1:04 PM CST

Local Cash Bids
 
CORN
  Lathrop
Futures Month Futures Change Futures Price Basis Cash Price
 10/31/17  @C7Z
-1'2
349'2 Chart
 11/30/17  @C7Z
-1'2
349'2 Chart
 1/31/18  @C8H
-1'0
363'2 Chart
 3/31/18  @C8H
-1'0
363'2 Chart
 4/30/18  @C8K
-1'0
371'6 Chart
 5/31/18  @C8K
-1'0
371'6 Chart

SOYBEANS
  Lathrop
Futures Month Futures Change Futures Price Basis Cash Price
 10/31/17  @S7X
-5'0
986'0 Chart

Price as of 10/17/17 06:27AM CDT.
Month Symbols
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Local Conditions
Lathrop, MO
Chg Zip Code: 
Temp: 46oF Feels Like: 41oF
Humid: 79% Dew Pt: 40oF
Barom: 30.2 Wind Dir: S
Cond: N/A Wind Spd: 10 mph
Sunrise: 7:31 Sunset: 6:37
As reported at KANSAS CITY-AIRPORT, MO at 6:00 AM
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Lathrop, MO
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Lathrop, MO
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