CHS Inc., leading US farmer-owned cooperative, has announced the appointment of David Neal as general manager for its Wisconsin-based ag retail business, CHS Larsen Cooperative. He starts his new position on Monday, November 25.
David Neal brings more than 25 years of experience in agribusiness, much of that in cooperative management positions. He was most recently with New Horizons Supply Cooperative, where he had been since 2000. As general manager there, he led the co-op to deliver solid earnings, even in agriculture’s challenging times. His background also includes work as a propane plant manager for CHS, giving him deeper insight into the cooperative system along with hands-on experience in one of CHS Larsen’s core business areas.
“As a leader, David has a history of developing teams, building strong
relationships and creating those valuable connections between employees and
customers that are key to what we stand for here at CHS Larsen,” said Steve
Bartel, board chairman, CHS Larsen.
With a career serving Wisconsin agriculture, Neal holds a bachelor’s degree in finance from the University of Wisconsin. He and his wife are originally from the Seymour area and are looking forward to moving back.
With the cold weather settling in, it is time to start thinking about winter diesel fuel. Cenex®Winterized Premium Diesel product line offers broad coverage to meet your unique needs – from moderate temperatures to extreme winter cold and everything in between.
Our full line up of Cenex® Winterized Premium Diesel Fuels includes:
Cenex Wintermaster®Winterized Premium Diesel is formulated with an operability of –30° F and a typical cold filter plugging point (CFPP) of –55° F. Cenex Wintermaster® is specifically formulated for the demands of diesel powered equipment in the most extreme winter conditions.
Cenex Roadmaster XL®and Ruby Fieldmaster®Seasonally Enhanced Premium Diesel Fuels are formulated for moderate climates and provide outstanding shoulder season flexibility. Cenex Seasonally Enhanced Premium Diesel Fuels deliver a typical cold filter plugging point (CFPP) of -25° F.
#1 Diesel Fuel with Cenex Premium Diesel Fuel Additive is used to blend down your Cenex® Premium Diesel Fuel tanks during transition from summer to fall/winter, helping ensure additives remain at proper levels. Ideal for blending down bulk tanks, retail fueling site tanks and customer storage tanks. Contact our energy specialist today with any questions.
By Jon Woetzel, Manager Technical Services, Energy Lubricants, CHS from the Cenexperts blog
Harvest is tough. Once you’ve made it through some of the hardest weeks of the year, both you and your equipment deserve some R&R. But before your machines take a long winter’s nap, it’s important to get them ready for sitting dormant in the cold.
Even when your equipment isn’t running, lubricants play an essential role in keeping it protected. That’s why, as part of your yearly winterizing routine, you’ll want to assess your equipment’s fluids. Use these four lubricant tasks to protect your rigs all the way to spring.
1. Get a used oil analysis
Throughout harvest, your machines work overtime to meet the grueling demands of a farm’s busiest time of year. By the end of the season, all that wear and tear can take a toll on an engine, and seemingly small issues at this point can lead to bigger problems come spring.
A used oil analysis is an easy way to catch early warning signs of major issues that could be brewing inside your engine. This is because oil is the lifeblood of your equipment, touching nearly every part inside the engine.
Used oil analysis works by detecting any trace elements present in a sample of used oil from inside your rig. Based on the elements that turn up, lab technicians can identify a number of issues that may be waiting to happen in specific areas of your engine. Fix any issues before putting your equipment away, and you’ll set yourself up for success come time for planting. To get started, you can purchase a used oil analysis kit from your local CHS energy specialist.
2. Replace the engine oil
Once you’ve performed a used oil analysis, you may also want to consider an oil change before you put your machines away for winter. This is especially true if the results of your analysis reveal any traces of wear. After you make any repairs recommended by your analysis, give your machines some fresh, clean oil so you don’t leave acids and contaminants festering inside your engine for months on end.
Even if your used oil analysis comes back clean, you may still want to consider replacing your oil before winter. Remember, the longer an oil has been used, the less effective it becomes at protecting against rust and corrosion.
If you’re getting close to your change interval, it’s best to replace oil this season instead of waiting until spring. Just be sure to run the engine for at least 10 minutes before storing your rig to allow the oil to circulate. For protection all winter long, try a high-quality engine oil from Cenex such as MAXTRON® ENVIRO-EDGE® synthetic diesel engine oil, engineered for maximum lifespan and excellent protection against corrosive wear.
3. Top off your hydraulic tank
Another lubricant tip for winterizing your equipment is to top off hydraulic tanks. To function properly, hydraulic systems need to breathe, but since they’re not airtight, they’re prone to letting in moisture as equipment sits all winter. Condensation inside a hydraulic system is bad news due to the harmful corrosion it may cause.
The best way to prevent condensation in your hydraulic system over the winter is to minimize the airspace inside. The less opportunity air has to get in, the lower the chance that moisture will collect. Check your hydraulic fluid level, and if it’s not full, go ahead and top off your tank. Be careful, though, not to overfill. To further minimize condensation, you may also want to consider switching to a hydraulic fluid designed to prolong the life of your system’s seals, like MAXTRON® THF+.
4. Grease up moving parts
Finally, once you’ve taken care of your machines’ other fluids, complete the job by greasing any moving parts. Even though they’ll be sitting still all winter, moving parts can still corrode.Not only will a fresh coat of grease keep your equipment from rusting through the winter but it will also get it moving again easier come spring. For superior protection against rust and corrosion, try a Cenex grease such as MAXTRON® FS.
When the hard work of harvest is over, it can be tempting to overlook details like winterizing your equipment. But the period right after harvest is a valuable opportunity to take care of maintenance tasks that can fall through the cracks during busier times of year. Give your machines some TLC now, and you can both kick back soon for some well-deserved hibernation.
Today’s agricultural equipment is expected to work harder than ever before—covering more acreage and running for longer hours to get the job done. With the amount of stress equipment must handle, a high-quality lubricant is crucial for protecting metal components from extreme field conditions.
Using a premium quality tractor hydraulic fluid (THF), provides customers with the peace of mind that their equipment is protected from the beginning of harvest to the end. But what does the term “premium” really mean?
A premium quality THF is engineered with only Group II, Group III or PAO Group IV base oils, along with advanced additive packages and viscosity index improvers. By blending high-quality ingredients in a precise formulation creates a well-balanced, stable product to withstand and protect against the harsh elements of the field.
The Cenex® branded line of THFs, Maxtron® THF+ and Qwiklift® HTB® are engineered with premium quality ingredients to provide:
Enhanced oxidation stability
Superior wear protection for both gears and hydraulic pumps
Excellent shear stability
Robust seal and O-ring protection to prevent leakage
Outstanding rust and corrosion protection
To explore more on the premium benefits and features of the Cenex branded line of THFs meet with our CHS Larsen Energy Specialists.
When you choose to do business with CHS, you are connected to a
world of opportunities powered by local experts.
As the nation’s leading farmer-owned cooperative, CHS creates
connections that help its owners build their operations and their communities.
In celebration of National Co-op Month, we dug deep into the cooperative model to reveal seven benefits of being an owner of CHS. Benefits that extend far past the field. Watch a video on the benefits of cooperative ownership.
It has been reported that China has offered to buy US products which is easing the tension in the trade war, which could mean continuing strength in the Soybean market. Follow that story closely because there is a lot of optimism for the bean market in the coming months. This story has also been followed by rumors of a partial trade deal with China so let’s see what happens. This could have a positive effect on the corn market as it tends to follow the bean market in relation.
Currently, the weather pattern has stayed consistent for the year as being wet, the predicted “blizzard” for North Dakota and Minnesota is also having an impact on the bean market. The window has been small for bean harvest as of late but as of Wednesday Oct. 9th beans have been consistent at 13.5% off the field. Numbers on yields have been reported lower in parts of Iowa, Illinois, and Ohio so if this stays true, we may see a bump in futures from the yield drop after harvest.
If you are reading this, you may already know the results of Thursday’s report. Current estimates are putting stocks down for corn and beans which may run the markets higher already.
If you are like me and are optimistic about bean futures, we
may look at doing a minimum price contract.
Cheaper than storage.
Provides cash flow now.
Lets you participate in the market for a
period and capture a gain.
You can’t do any worse than you get paid up
Will not receive market price, will only get the price of the call.
Minimum price are 5,000 bu minimum.
Example: If you buy a $10 bean call for $0.18 and the cash price is $8.48 you will receive $8.30 (this is the minimum price you will receive). Say the market goes to $11 that $10 call may be worth $1 you sell that call back for a dollar which covers the initial cost and more. If the market were to fall you still get paid your minimum price of $8.30. If you have any questions on this call your grain originator for more details.
Pro-Advantage sign up is continuing, the deadline is December 11. I recommend trying this to diversify your marketing plan and use as a benchmark for your marketing year. There are 1 and 2 year programs and no minimum bushel amounts.
We will be starting a twice weekly grain email – Against the Grain in the coming weeks written by the CHS Larsen Grain staff. If you receive this email you will also receive the update, but if you know of anybody else wanting information let us know and we will get them on the list. They can also click here to sign-up to receive cooperative updates.
Unless you live completely off grid, you have likely heard about the drone attacks in Saudi Arabia. These attacks took out half of the supply of the worlds largest oil processing facility. The markets quickly reacted on Monday, posting a gain of over $8/barrel by day’s end. Gasoline & diesel both showed almost a 10% value increase to end the day.
By 9 a.m. Tuesday morning, the Saudi Energy Minister held a press conference, and to everyone’s surprise he stated that the crippled processing facility should be completely restored in 14-21 days. Within 10 minutes of this news hitting the streets, crude took a 180 degree turn, taking back almost 40% of Monday’s gains. The crude market continued to fall over the day, ending $3.56 in the red. Gasoline followed in crude’s footsteps, taking back more than 50% of the gains it saw the day before.
Seems like we were on the right track, huh? Well, though we were settling down geopolitically, the US gulf coast had different plans. Looks like Texas is in for a little tropical storm. TS Imelda started forming right off the gulf coast. Eastern Texas refineries are preparing for some pretty heavy rain and flash flooding. This has the potential to not only hinder refinery production, but there is a pretty big possibility that the Houston ship channel could be closed to marine traffic. This is just plain old bad timing.
Because crude oil typically reacts more from worldwide events, it continued to retreat over the next 24 hours, taking back 65% of Monday gains. Gasoline followed crude retreating with a pretty significant loss. But locally, diesel fuel is reacting to not only the drone attacks, but the fear of what Tropical Storm Imelda may bring to Texas’s eastern coast. By the time final values came out Wednesday night, diesel had climbed 20% since last week’s close.
Typically, we see higher diesel prices in the fall due to supply/demand during harvest season. Because of the poor planting season, I think marketers expected a flatter market than normal. However, taking the drone attacks, Tropical Storm Imelda, all of the sanctions recently put in place with China & Iran and the interest rate cut as of yesterday, fall harvest season may be more volatile than anyone could have imagined. Hold on tight, we may be in for a wild ride!