Western Minnesota Farmers Already Looking to 2020 Growing Season

Seed selection is a critical part of planning

INVER GROVE HEIGHTS, Minn. (Jan. 29, 2020) — It’s hard to believe, but farmers in western Minnesota are thinking about next spring, even though last year’s harvest is not far in the past.

There are a lot of decisions to be made and planning to be done and equipment to be repaired before we ever see a tractor on the road in the spring, or before a seed ever hits the ground. What new equipment will I need to purchase, what nutrients does my soil need, what is my fertilizer strategy, what insects and weeds will I need to worry about, how will I market my crops, should I diversify — these are all going through farmers’ minds and notes between now and then.

But one of the most important decisions a farmer will make is what seed to plant. There are different companies, different brands, different maturity ratings (how long it takes from the time the seed is planted to when it’s ready to harvest), and a long list of features and benefits for each one.

Andy Clauson, a CHS Key Agronomy Specialist who is also an authority on Allegiant® seed products, offers a few tips for making seed selections.

“It’s crucial to consider data beyond your last harvest before making seed selections for next year,” Clauson said.

“During last year’s harvest, pretty much anything that could go wrong, went wrong,” he continued. “Planting was delayed. We had a wet spring. We got in as much corn as we could in a very short window before it could get wet again. It was a struggle from the beginning.”

Due to these harsh weather conditions, there has been a trend of farmers wanting to switch to early-maturity corn, in hopes of having drier corn and earlier harvesting to prevent past struggles.

“By switching to early-maturity hybrids and varieties, you potentially give up yield,” added Clauson. “Farmers need to stick with what has historically been working best in their territories. If you normally plant 95-day maturity-rating corn, plant 95-day corn.  You don’t need to go down to 87-day corn.”

Clauson explained how temperature plays a strong role in corn development, and the importance of looking at multiyear data to reduce risk.

“By looking at historical heat units within your area, we can find a hybrid that will make it to black layer [an indicator of physiological maturity] , to help ensure the best yields to be able to market that product at the end of the season,” said Clauson.

Most farmers are ready to put the difficulties of this year’s growing season behind them, and they have a lot to think about when planning for next year. Local co-ops, ag retailers and agronomists like Andy Clauson are great resources to help do that.

© 2020 CHS Inc. Allegiant® is a registered trademark of CHS Inc.

2019 Annual Meeting Information

We’d like to invite all farmer-owners to our 2019 annual meeting! Join us to learn more about what happened at your cooperative during the past year.

Date: Tuesday, January 28, 2020
Location: Broadway Ballroom, Alexandria
Start Time: 1:00 Registration, 3:00 Business Meeting

The event has a new layout this year! A detailed schedule is listed below, with a more flexible schedule so individuals can come and go as they please. The meeting will conclude no later than 5:00.

1:00Registration Opens
1:00 to 3:00Informational Booths Open; Light Lunch Served
1:30 to 2:30Keynote Speakers
1:30 to 2:00 – Dennis St. Aubin, CHS Propane
Dennis will share an update on the propane situation this past fall, including supply, demand and logistics.
2:00 to 2:30 – Brian Rydlund, CHS Hedging
Brian will share a high-level discussion on global grain markets, trade and tariffs.
3:00Business Meeting, Producer Board Voting, CHS Update
4:00Door Prize Drawing; CHS Prairie Lakes Leadership Q&A

Absentee voting ballots are available at all CHS Prairie Lakes locations the week ahead of the meeting for patrons voting in District 1 and District 3.

We’ve got door prizes you won’t want to miss – join us for a chance at a pellet smoker grill, air compressor, buddy heater and more!

Contact a member of the CHS Prairie Lakes staff to learn more about the event! Invitations will be mailed directly to farmer-owners of the cooperative.

Cenex® Premium Diesel Winter Additives

The harsh, bitter cold winter is upon us and it is going to be a long one. To help keep equipment going strong, during these brutal temperatures, you need to be using Cenex® winterized premium diesel fuels. All Cenex winter premium diesel fuels come preblended with special additives to help engines operate at their peak during these cold temperatures. 

Let’s discuss the winter fuel additives found in Cenex® premium diesel fuels; wax crystal modifiers, de-icers and wax anti-settling agents. Each one has their own importance but when they are combined, they optimize power and engine performance to minimize costly downtime.

Wax crystal modifiers
Wax crystal modifiers change the size and shape of wax crystals, from flat to pin-like structures, preventing them from bonding together. Wax crystals stay small enough to flow through the fuel filter. They create a porous wax cake on the fuel filter, allowing continued fuel flow until the engine heats up.

De-icers
De-icers dramatically lower the point at which any water in the fuel system freezes. This helps reduce moisture related problems.

Wax anti-settling agents
Wax anti-settling agents reduce the settling of wax crystals in vehicle tanks and above-ground storage tanks, which clog filters and other fuel system components.

Cenex winterized premium diesel fuels are an investment that pay for itself with cold-weather protection, fuel efficient starts, a smoother running engine and proven power. The most important difference is the one you’ll see on the bottom line. Keep your equipment operating all year long, contact your Cenex Representative to learn more about the line-up of Cenex winterized premium diesel fuels.

Article courtesy of Cenex.

The Importance of Premium Quality Tractor Hydraulic Fluids

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 users 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?

(more…)

Cenex® Gift Cards for Gallons Starts November 1

Starting November 1, 2019 through February 28, 2020, end-user customers can earn one $50 VISA® gift card for every 125 gallons of lubricant and grease products purchased.

Eligible lubricant products include:

  • Irriflex®
  • Maxtron® DEO
  • Maxtron® Enviro-EDGE®
  • Maxtron® GL
  • Maxtron® THF+
  • MP Gear Lube
  • Qwiklift® HTB®
  • Superlube 518®
  • Superlube TMS®

Eligible grease products include:

  • Corn Head Grease
  • HD Moly Xtreme
  • Poly-Xtreme®
  • Maxtron® EP
  • Blue Gard® 500+™
  • Fluid Gear Grease
  • Molyplex 500+
  • ML 365®
  • Red Protect XT®
  • Maxtron® FS

If you are enrolled in another program, you are ineligible for Gift Cards for Gallons. Other restrictions may apply; contact Harold Weniger, Certified Energy Specialist, for additional information.

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.

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.

April Grain Department Update

planting season

By Tim Guza, Grain Department Manager

Logistics
The grain department has been moving a lot of trains this year, although the last 30 days have been tougher than normal receiving trains due to the cold weather during the beginning of the month. We are down to our last two corn piles in Glenwood. 

Programs & Contract Options
We are currently offering free delayed pricing on soybeans and corn.  These bushels must be sold by 7/31/19 and cannot apply to a future contract. 
As we work to give farmers additional options for marketing grain, we are happy to announce that we are now also offering a NEW daily threshold contract. The program prices bushels when the futures market settles at or above the Trigger Price chosen, leaving the basis to be set by the producer at any time before First Notice Date or during or after the pricing period up to the delivery time, whichever is earlier.  During the pricing period if the closing settlement price is below the chosen Trigger Price, bushels will not be priced on that day, and the corresponding unpriced bushels will be averaged in the remaining days evenly until the end of the pricing period.  At the end of the pricing period, quantity for delivery will be set at the quantity priced during the pricing period.

To learn more about any of our contracting options, please contact a member of our grain marketing team.

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. 

Cenex® Gift Cards for Gallons Starts November 1

Starting November 1, 2018, through February 28, 2019, you can earn one $50 VISA® gift card for every 125 gallons of lubricant and grease products purchased.

Eligible lubricant products include:

  • Maxtron® DEO
  • Maxtron® Enviro-EDGE®
  • Maxtron® GL
  • Maxtron® THF+
  • MP Gear Lube
  • Qwiklift® HTB®
  • Superlube 518®
  • Superlube TMS®

Eligible grease products include:

  • HD Moly Xtreme
  • Poly-Xtreme®
  • Maxtron® EP
  • Blue Gard® 500+™
  • Fluid Gear Grease
  • Molyplex 500+
  • ML 365®
  • Red Protect XT®
  • Maxtron® FS

 

Getting your reward is easy:

  • Complete a Gift Cards for Gallons Redemption Form (you can obtain this from your local CHS energy team), attach the qualifying sales receipt(s) or invoices, and submit by mail no later than April 6, 2019.   Contact our office with any questions!

Grain Markets Update

By Tim Guza, Grain Manager

 

The big news of the week will be planting intentions on Thursday morning.  They are predicting 91 to 92 million acres of beans and about 89.5 million acres of corn.  This should be bearish for the beans and bullish for the corn but if the beans go down hard and the market wants to trade a 2.5 corn to bean ratio this could drag corn down in the nearby also.   The other thing that is causing strain on the markets is China.  The market is unsure of how China will react to President Trump’s new tariffs.  It is nice to see that the market has so far been able to hang in there.   This is probably due to good exports and that the weather in Argentina remains dry.

We will want to have ourselves positioned in front of the report on Thursday.  We should have some orders in place for Thursday crop report in case the markets give us a knee-jerk reaction or a surprise. Remember there will be no markets on Friday. Keep in mind that CHS Prairie Lakes offers a wide range of contracts to utilize in these tougher marketing times.  Contact one of our grain staff members 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. 

© 2020 CHS Inc.