Grain Flash

by Helen Nemitz, Grain Originator

The market moves fast, sometimes when you are not expecting it to. Since January 12th we have been in a rally market with over a $0.50 cent increase in the cash soybean market. Cash corn has stayed above the $3.00 mark with some gain following soybeans, and wheat also made it above $3.50. We are encouraging anyone with old crop in storage to seriously think of selling. Along with that, getting some of your new crop contracts in place. New Crop beans are trying hard to get to the $9.50 mark, corn is around $3.40 and wheat is creeping up to the higher $3.70’s. A rally is a time to build on averages and this one has made it possible to lock in the best prices that we have seen in a long time.

South America weather has played a big part in the reason for the rally in the soybean market with corn and wheat to follow along. We will be watching the wheat market for any predictions on what the crop will look like for the coming season.

The weather here has not been very nice for us either. Rain and freezing temperatures have made ice and some nasty roads to travel on. Walking on the driveways turned into slip sliding and if you were lucky you made it to your car safely doing the penguin walk.

 !!!COME ON SPRING!!!    

!!!GO PACK GO!!!

More Choices to Control Broadleaf Weeds

by Matt McKown, Agronomy Sales Manager

With the EPA’s approval of the low volatility dicamba products, farmers now have more choices for the control of broadleaf weeds such as palmer amaranth, waterhemp, marestail as well as tough to control lambsquarter and velvetleaf. By combining innovative trait technologies and herbicide options this will help maximize weed control and increase yield potential. This allows us to utilize dicamba and glyphosate for pre-planting and an in-crop option RoundUp Ready 2 Xtend® soybeans.

With this approval there are some standard restrictions such as:

  • It may not be applied by aircraft
  • It may not be applied in winds over 15mph
  • It can only be applied by specific nozzles at specific rates
  • It must have a within-field buffer of 110 to 220 feet depending on application rate

We also need to be very mindful of specialty crops and other plant life that could be damaged from the use of the dicamba products. The EPA requires very specific and rigorous drift mitigation measures for the use of these products. Always make sure to fully read the label before use. Give your CHS agronomist a call to learn more about dicamba products and the RoundUp Ready 2 Xtend® soybeans for the 2017 planting season.

Root Lesion Nematode Management in Wisconsin

By Alex Yost, YieldPoint Program Specialist

Deep below the snow and ice covering our fields this winter lives a pest commonly overlooked in agronomic management. The root lesion nematode (RLN) is a pest of over 400 crops and plants native to Wisconsin. The management issue with root lesion nematodes is the damage caused. The damage of a root lesion nematode is primarily diagnosed as being fungal or bacterial rots when seen on crops in season. RLN is a parasitic nematode meaning that it cannot kill it’s host plant or it will die itself. This means the nematode feeds on root cells, and when the cell dies it moves to the next, and so forth. Each wound caused by the feeding is then infected with rots and bacteria after the nematodes move on. In extreme cases damage can equate to death of the plant and field conditions similar to in the picture. Death to plants specifically correlated to nematode feeding is rare on crops after seedling stage, but yield penalties do occur further in the growing season.

At a recent conference in Madison I had the privilege to sit in on a presentation from Dr. Ann MacGuidwin, the nematode specialist for the University of Wisconsin-Madison. She spoke of the severity of RLN and other nematodes in Wisconsin fields, (needle nematodes, root knot nematodes, and soybean cyst nematodes). For the University of Madison 90% of all nematode tests that came in to the lab contained some number of RLN leading to further research into the severity on agronomic crops. Dr. MacGuidwin stated there was minimal data producing a threshold for treatment of RLN in-season but sufficient data can be drawn on pre-plant nematode testing in Wisconsin due to our winters reducing populations to a static number of nematodes in the soil. Contact your agronomist or myself for further information on nematode management, or if you feel like you have a nematode problem in your fields.

CHS reports $209.2 million first quarter earnings for fiscal 2017

 

ST. PAUL, MINN. (January 12, 2017) – CHS Inc., the nation’s leading farmer-owned cooperative and a global energy, grains and foods company, today reported net income of $209.2 million for the first quarter of its 2017 fiscal year.

Earnings for the period (Sept. 1 – Nov. 30, 2016) declined 22 percent from the same period of fiscal 2016. The decrease was primarily attributed to lower pretax earnings in the company’s Energy and Foods segments along with Corporate and Other. These declines were partially offset by increased pretax earnings in the CHS Ag segment as well as earnings from the new Nitrogen Production segment.

“We’ve been in business for nearly nine decades, so we’ve experienced these types of cycles before,” said CHS President and Chief Executive Officer Carl Casale. “Although it’s not possible to predict how long the current down cycle in the ag and energy industries will continue, we’ll navigate through this period by continuing to run our businesses efficiently and effectively, by maintaining a strong balance sheet and by ensuring we serve our owners’ and customers’ needs in all we do.”

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Three Considerations When Purchasing Used Equipment

used equipment

 

Equipment can be one of the most expensive investments you can make for your business. And with today’s lower grain/milk prices and tighter budgets, many farmers are considering used machinery as an alternative to buying new. However, the hours logged on a piece of machinery are not always a reliable indicator of the health of the engine. Below, are listed three considerations that may help you make a final decision when you are in the market for “new-used” equipment.

  1. Get an oil analysis.
    Potential buyers can look for leaks and damage when inspecting used machinery, but even if a piece of equipment looks good on the outside, it’s harder to tell the condition under the hood. That’s where an oil analysis can be a valuable tool for the buyer. It is like a blood test for a machine’s engine, transmission and hydraulic systems. The cost of an oil analysis kit ($15 to $25) is minimal considering the valuable insights it can provide on a machine that likely costs tens or even hundreds of thousands of dollars to buy.
  1. Consider the age of the engine and the fuel it’ll need. (more…)

Dale Fire & Rescue Department Purchases New AED’s with CHS Safety Grant

On Tuesday, January 3, 2017, CHS Larsen Cooperative employees Todd Reif and Kelsey Luke awarded a CHS Safety grant for $4,000 to Dale Fire & Rescue Department members Max Krenke, Amie Jorgensen and Jamie Gore. The fire department plans to use these funds to purchase three Automatic Electronic Defibrillators (AED). They intend to equip two Medical First Responders (MFR) and leave the third AED mounted at CHS Larsen Cooperative Readfield location for quick access in case of cardiac incident at the facility.

There are approximated 5,000 people who reside in the district covered by Dale Fire and Rescue.  In the care continuum early CCR/AED intervention have proven to increase survival rates and our department is working on expanding its capability. By purchasing these additional units they hope to decrease delays in response time to critical cardiac calls, expand capability of MFR’s to utilize lifesaving equipment upon first contact with patient anywhere in the district and provide immediate intervention in a cardiac emergency at CHS Larsen Cooperative.

The Dale Fire and Rescue Department has a great working relationship with CHS Larsen Cooperative. Yearly, the fire department comes the co-op to do their annual training on advanced rescue and confined space, with neighboring mutual aid fire departments. The emphasis of this training is to further understanding of the cooperative’s facilities, its hazards, and how they can better handle any possible firefighting or rescue needs.

“Early intervention is a critical part of the Chain of Survival. Quick access to an AED is key component in the chain and this grant money will help us get AED’s into the hands of our First Responders. Thank you to CHS for the financial support in getting AED’s into the hands of Medical First Responders who need them,” said Robert Wilkins, EMS Director for Dale Fire & Rescue. “EMS is constantly changing, medical first responders are being asked to do more challenging skills in the field.  We can move one step closer to our goal with the help of CHS Larsen Co-op and this grant.”

CHS Larsen Cooperative is very grateful to have such a great department to work with in case of any future emergencies and is happy to provide opportunities to support them.

Picture Left to Right: Kelsey Luke, Amie Jorgensen, Jamie Gore, Todd Reif and Max Krenke.

On January 25 the Dale Fire and Rescue delivered the AED that will stay at our Readfield location. Pictured here left to right are Firefighter/First Responder, Chris Tews,  CHS Larsen General Manager, Todd Reif, Fire Chief, Jim Emmons and Firefighter/First Responder  Nick DeShaney.

The Importance of Soil Sampling

corn soil sampling

 

Most research today supports soil sampling and testing as a best management practice. Growers should take the opportunity learn as much as possible about their soil in order to produce their best yields. This includes knowing what nutrient deficiencies exist in their soil.

 The following explains the process of soil sampling, and highlights key data growers will learn from testing and analyzing their soil.

The Soil Sampling Process

The primary objective of soil sampling is to provide a representative sample of the fertility within the field.

Based on the variability throughout the field, the number of acres per sample will vary.

  • If soils are similar in texture, slope, previous crop and production practices, then the number of acres per sample can increase.
  • If soils within a field are variable, than those areas can be sampled separately to determine the needs in those specific areas.

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Pamer and Sleik Participate in CHS New Leader Forum

Two local young producers learned how they can play a crucial role in helping agriculture and the cooperative system thrive during the CHS New Leaders Forum, hosted by CHS Inc., the nation’s leading cooperative and a global energy, grains and foods company.

Mike Pamer, Winnecone, Wis., and Bryan Sleik, Winnecone, Wis., were among more than 100 men and women from across the U.S. and Canada nominated to participate in the program held Nov. 29- Dec. 2, 2016, in conjunction with the CHS Annual Meeting. The participants represented CHS Larsen Cooperative, New London, Wis.

During the event, attendees explored more about the cooperative system, cooperative board leadership andsuccession planning. Pamer and Sleik also developed advocacy skills by participating in discussions on the issues and challenges facing cooperatives, agriculture and rural America.

Participants heard from CHS leaders including Carl Casale, CHS president and CEO; Jay Debertin, executive vice president and chief operating officer, Energy and Foods; Gary Halverson, vice president, Farm Supply, CHS Country Operations; and John Engelen, vice president, Government Affairs.  David Horsager, CEO, Horsager Leadership, also presented a workshop on the importance of building trust relationships and how it plays a vital role in local cooperatives and farming operations, while Steve Hamilton of The Land as Your Legacy® program illustrated the value of early succession planning.

The New Leaders Forum featured networking events with the CHS Board of Directors, management and employees which encouraged participants to voice their opinions on how CHS should evolve to best serve farmers for the future. Following theprogram attendees joined more than 2,000 CHS owners for the 2016 CHS Annual Meeting, which included agricultural-related educational sessions about the essential insights necessary to move forward in agriculture, the annual meeting business session and a keynote address by Peter Zeihan, a  geopolitical strategist.

Big Data Innovations in Agriculture

drone technology in agriculture

 

The agriculture industry not only provides food, energy and products that we all use on a daily basis, it is also often a leader in technology. Agricultural companies, professionals and even individual growers are often at the forefront of new technology concepts as they continue to work to make this very busy industry more efficient in costs, production and labor.

The industry continues to grow and evolve – making growers’ lives easier while still allowing them to produce the food that feeds the world. A few of the newest innovations are stemming from the big data trend that’s making a huge impact across most industries.  (more…)

3 Challenges Growers Face in Current Agriculture Landscape

 

It’s easy to look around and see how agriculture impacts our world. This might be one of the reasons you chose a career in production agriculture. Even though you love your chosen career path, it doesn’t mean there aren’t challenges out there every day. The difference between the successful growers and the ones who aren’t as successful is how they approach the challenges that come their way.

The best way to solve a challenge is by looking at the opportunities behind the challenge and then taking control of your own destiny. The following are three very different challenges, but each with opportunities for you to succeed.

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© 2018 CHS Inc.