Posts By: Meghan Hinnenkamp

Grain Market Update: May 28, 2019

By Tim Guza, CHS Prairie Lakes Grain Department Manager

The past couple of weeks, we have been seeing quite a bit of pricing opportunities in the markets.

Weather has been a significant player this planting season. The rain keeps falling and the US is only about 60% planted with corn. Later today (May 28) we will see the actual numbers. We are also wondering what will go to preventive planting versus what will get planted and be eligible for the MFP (Market Facilitation Payment).

With the current rally in the corn, basis has backed off 18 cents.  We do not have a lot of business on for July and beyond so it may become more difficult to find homes for corn.  This will keep pressure on the basis.  Another interesting thing that has happened since the corn market rallied is the December to July spread has narrowed 23 cents.  We currently see all the carry in the market to be between the December and March. 

With the current market situation, it is important to stay in tune with your marketing plan so opportunities are not missed. Keep our CHS Prairie Lakes grain team in mind for all your marketing needs.


This material has been prepared by a sales or trading employee or agent of CHS Hedging, LLC. and should be considered a solicitation.  This communication may contain privileged and/or confidential information and is intended only for the use of the individual or entity to which it is addressed.  If the reader of this message is not the intended recipient, you are hereby notified that any unauthorized dissemination, distribution, and/or use of this communication is strictly prohibited.  CHS Hedging, LLC. makes no representation or warranty regarding the correctness of any information contained herein, or the appropriateness of any transaction for any person.  There is a risk of loss when trading commodity futures and options.

Use Three Points of Contact When Climbing Ladders

Safety for our staff and member-owners is of the utmost importance to the team at CHS Prairie Lakes. Read below to learn more about how to safely climb ladders and up equipment.

Three Points of Contact

The safest way to mount and dismount vehicles, equipment, and ladders is to maintain three points of constant contact. That means one hand and two feet, or two hands and one foot – at all times. Anything less and you’re risking a fall. 

Proper form for climbing up equipment.

Tips for Using the THREE POINT System:
– Always face towards the equipment.
– Get a firm grip on the rails or handles.
– Look for obstacles on the ground before exiting.
– Mount and dismount when the equipment is stopped.
– Break the three-point contact only when you reach the ground, cab, or platform.
– Slow down and take extra care in wet, snowy, or icy weather.
– Avoid wearing loose or torn clothing that can catch on the equipment.
– Wear shoes with good support.

Common Mistakes to Avoid:
– Never jump – you may land off balance or on an uneven surface and fall.
– Don’t climb down with something in your free hand – put it on the vehicle floor and reach up for it when you get to the ground.
– Don’t use tires or wheel hubs as a step surface.
– Don’t use the door frame or door edge as a handhold.

See this and other seasonally-relevant safety tips on our website!

Hubbard County 4-H Riders Horse Project Receives Grant from CHS Prairie Lakes

Front row left to right: Maddyson Brakke, Pasleigh Brakke, Ana Etzler, Jordan Koebernick, Addison Cestnik, Adison Weiss, Janis Lappinga, Joelle Blanchard
Back row left to right: Katie Kamphaus, April Snook, Ava Etzler, Holly Packman, Rylee Belina, Ellie Rotari

Starbuck, Minn, Hubbard County 4-H (4-H Riders Horse Project)was awarded an Agricultural Education grant from CHS Prairie Lakes, as part of the company’s Community Funds Program.

CHS Prairie Lakes selected Hubbard County 4-H to receive a $400 grant to help maintain the safety of their youth riders and horses. Funds will be used to improve arena footing and purchase equipment to maintain the arena. 4-H Riders Horse Project is dedicated to training, working together, and teaching in a safe environment.

Applying schools and local community organizations are asked to state their plans for the grant money, supply general information about the project and purpose of the request, along with specific financial needs and projected outcomes. Applications for grant funding are available online at www.chsprairielakes.com.

Providing products and services in the agronomy, energy, and grain markets with locations in the communities of Elrosa, Glenwood, Hoffman, Long Prairie, Lowry, Park Rapids, and Starbuck, CHS Prairie Lakes is here to supply for your needs. For more on what’s new and to learn about other ways CHS Prairie Lakes gives back, visit us at www.chsprairielakes.com, like us on Facebook, and follow us on Twitter.

Meet Our 2019 Interns

Get to know members of our 2019 summer intern team below! The group started mid-May and will be with us until August, where all are returning to college to pursue a degree in their selected fields. We wish them all the best this summer and hope they learn a lot to utilize in their future careers!

Pope County 4-H Livestock Committee Awarded Grant from CHS Prairie Lakes


Colin Cihlar, CHS Prairie Lakes Credit Manager & Jodi Schoumaker, Pope County 4-H Livestock Committee Secretary

Starbuck, Minn, Pope County 4-H was awarded an Agricultural Education Grant from CHS Prairie Lakes, as part of the company’s Community Funds Program.

CHS Prairie Lakes selected Jodi Schoumaker, Pope County 4-H Livestock Committee Secretary, to receive funds to help cover the costs of a 4-H Livestock Clinic. 4-H Livestock clinics help members in the sheep & goat projects gain information & skills to better raise their animals now & in the future

Applying schools and local community organizations are asked to state their plans for the grant money, supply general information about the project and purpose of the request, along with specific financial needs and projected outcomes. Applications for grant funding are available online at www.chsprairielakes.com.

Providing products and services in the agronomy, energy, and grain markets with locations in the communities of Elrosa, Glenwood, Hoffman, Long Prairie, Lowry, Park Rapids, and Starbuck, CHS Prairie Lakes is here to supply for your needs. For more on what’s new and to learn about other ways CHS Prairie Lakes gives back, visit us at www.chsprairielakes.com, like us on Facebook, and follow us on Twitter.

Area producers share in local CHS patronage distribution

STARBUCK, MINNESOTA, April 8, 2019 – Eligible farmer-owners of CHS Prairie Lakes, based out of Starbuck, Minnesota, shared in the recent distribution of cash patronage and equity based on business done with CHS.

“We’re extremely proud to share this important cooperative membership benefit with our customers,” said Brad Manderschied, general manager. “Delivering an economic return to them on the business they do with CHS is one more way we help our owners grow.”

This locally based retail division of CHS Inc. recorded $3,543,590 in savings for fiscal year 2018, which runs from Sept. 1, 2017 – Aug. 31, 2018. Of those earnings, $2,556,231.75 was allocated to patronage dividends, which is shared with its eligible members based on business done in that fiscal year. That means $451,686.26 of those patronage dividends were paid out in cash to members.  

Overall, CHS Inc. will return $150 million in cash patronage and equity redemption to its owners in 2019, part of the cooperative’s commitment to sharing profits with our owners and returning money to rural America where it can be reinvested in the community. More than 840 local cooperatives and 25,000 farmers share in this distribution of cash patronage and equity redemptions.

The percentage returned to owners is determined annually by the CHS Board of Directors.  

“Returning cash to our owners enables farmers, ranchers and cooperatives to invest in their own futures,” said Dan Schurr, chairman of the CHS Board.

In the past 12 years, CHS has returned about $3.5 billion to its owners in the form of cash patronage.

The Starbuck-based retail business delivers agronomy, energy, and grain products and services to Minnesota ag producers and other customers from seven locations. It is part of CHS Inc., a leading global agribusiness owned by farmers, ranchers and cooperatives across the United States. Diversified in energy, agronomy, grains and foods, CHS is committed to helping its customers, farmer-owners and other stakeholders grow their businesses through its domestic and global operations. CHS supplies energy, crop nutrients, grain marketing services, animal feed, food and food ingredients along with financial and risk management services. The company operates petroleum refineries/pipelines and manufactures, markets and distributes Cenex® brand refined fuels, lubricants, propane and renewable energy products.

This document and other CHS Inc. publicly available documents contain, and CHS officers and representatives may from time to time make, “forward–looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Report Act of 1995. Forward–looking statements can be identified by words such as “anticipate,” “intend,” “plan,” “goal,” “seek,” “believe,” “project,” “estimate,” “expect,” “strategy,” “future,” “likely,” “may,” “should,” “will” and similar references to future periods. Forward–looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on CHS current beliefs, expectations and assumptions regarding the future of its businesses, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward–looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of CHS control. CHS actual results and financial condition may differ materially from those indicated in the forward–looking statements. Therefore, you should not rely on any of these forward–looking statements. Important factors that could cause CHS actual results and financial condition to differ materially from those indicated in the forward–looking statements are discussed or identified in CHS public filings made with the U.S. Securities and Exchange Commission, including in the “Risk Factors” discussion in Item 1A of CHS Annual Report on Form 10–K for the fiscal year ended August 31, 2018. Any forward–looking statements made by CHS in this document are based only on information currently available to CHS and speak only as of the date on which the statement is made. CHS undertakes no obligation to publicly update any forward–looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

Menahga Elementary School Awarded Grant from CHS Prairie Lakes

Menahga Elementary Kindergarten-Fourth Grade students
Jeannie Mayer, Elementary Principal & Haleigh Ortmeier-Clarke, CHS Prairie Lakes Intern

Starbuck, Minn, Menahga Elementary School was awarded an Elementary/Secondary grant from CHS Prairie Lakes, as part of the company’s Community Funds Program.

CHS Prairie Lakes selected Jeannie Mayer, Principal of Menahga Elementary School, to receive a $500 grant to purchase PBIS (Positive Behavior Interventions and Supports). This program helps to teach teamwork, graceful losing sportsmanship and friendship amongst the students.

Applying schools and local community organizations are asked to state their plans for the grant money, supply general information about the project and purpose of the request, along with specific financial needs and projected outcomes. Applications for grant funding are available online at www.chsprairielakes.com.

Providing products and services in the agronomy, energy, and grain markets with locations in the communities of Elrosa, Glenwood, Hoffman, Long Prairie, Lowry, Park Rapids, and Starbuck, CHS Prairie Lakes is here to supply for your needs. For more on what’s new and to learn about other ways CHS Prairie Lakes gives back, visit us at www.chsprairielakes.com, like us on Facebook, and follow us on Twitter.

Center for 4-H Youth Development Awarded Grant from CHS Prairie Lakes

Photo:  Brian McNeill, 4-H Youth Development &, Amy Perreault, Community Funds Administrator

Starbuck, Minn, Center for 4-H Youth Development was awarded an Agricultural Education Grant from CHS Prairie Lakes, as part of the company’s Community Funds Program.

CHS Prairie Lakes selected Brian McNeill, Extension Educator, to receive a $400 grant to help support the 4-H Crop Scouting Event. This event helps to get youth connected with agriculture and potential careers in agronomy.

Applying schools and local community organizations are asked to state their plans for the grant money, supply general information about the project and purpose of the request, along with specific financial needs and projected outcomes. Applications for grant funding are available online at www.chsprairielakes.com.

Providing products and services in the agronomy, energy, and grain markets with locations in the communities of Elrosa, Glenwood, Hoffman, Long Prairie, Lowry, Park Rapids, and Starbuck, CHS Prairie Lakes is here to supply for your needs. For more on what’s new and to learn about other ways CHS Prairie Lakes gives back, visit us at www.chsprairielakes.com, like us on Facebook, and follow us on Twitter.

Think Ahead for Your Energy Needs

Here are a few notes from Certified Energy Specialist Harold (Hank) Weniger to keep in mind during this busy spring season:

Dryer Gas
Right now, dryer gas is at a good contract price. If you think you will need some this fall and would like to discuss pricing, our team can help.

Fall Fuel
Currently, our September – November contract is only 8-10 cents higher than today’s prices, making it a great time to consider a contract.

Auto Gold 5W-20
While supplies last, this product is available at $2.52/quart. Very limited quantity available, so act fast if you are interested.

If you’d like to discuss any of the items listed above, or have other energy needs, contact Harold at (c) 320-429-5064, (o) 320-239-2226, or (e) harold.weniger@chsinc.com.

CHS Lumen: Premium Starter Fertilizer

By Andy Clauson, CHS Key Agronomy Specialist

I’d like to introduce CHS Lumen as our newest premium starter fertilizer.  CHS Lumen brings the ideal nutrient ratios to in furrow technology.  With the ideal ratio of N: P being 1:3, CHS Lumen has an analysis of 5-15-3-0.1 Fe- 0.8 Zn.  Along with that ideal ratio of nutrients, CHS has also added in our patent pending Ortho-Ortho EDDHA chelate to make nutrients in the soil like phosphorus and zinc more available to the plant.  The combination of these nutrients and chelate is nothing new to the marketplace, but what makes CHS Lumen unique is the addition of the Hemicellulase enzyme.  Unlike adding microbial products to the tank which can be inconsistent and temperature dependent, the Hemicellulase enzyme is active at all temperatures above freezing.  This enzyme helps make nutrients more available to the plant as well as converting organic matter into simple sugars to kick start the microbial activity in the soil.  Standard use rates in corn and sugar beets are 3 gals/A, in soybeans 1.5 gal/A, and in potatoes 3-5 gals/A.  This is a low salt, seed safe product, but I would recommend mixing some water to get a mix of 5 gal/A or more for coverage.  Contact your local CHS agronomy sales representative with any questions about CHS Lumen.

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