Co-op News
Propane Contracting

Propane Contracting

Jun 15, 2022

Your 2022-2023 Premier Cooperative propane contract should arrive by June 20th and is due June 29th. Should you have any questions on this year’s contract, please watch the video below for a detailed explanation and answers to frequently asked questions. Didn’t receive your contract and used more than 400 gallons last year? Contact us!

Propane Contracts

June Energy News

Jun 01, 2022

June is going to be a busy month for your energy division. Farmers have been in the fields planting their crops so they can continue to feed the world. Our refined fuels staff have been delivering a lot of diesel over the last month to those farmers. Our propane folks have been busy delivering, trenching in propane lines and installing tanks while preparing propane contracts and safety mailings to send to our customers.  Propane contracts will be mailed the 10th of June and the due date is June 29th. Please be sure to mail them in as soon as you get them. Don’t let them gather dust in your inbox. Contract prices are of course higher this year but one gallon of propane is around half the price of a gallon of gasoline. Propane is still a bargain compared to other sources of heat.

June Dairy Month

From the Manager's Desk

Jun 01, 2022

A couple of weeks ago we began handing out our annual cash patronage and equity redemption checks as we made a return to hosting open house events. The La Farge service center, followed by Westby Ace Hardware, were the first to welcome members back in person after taking a couple of years off due to the pandemic. By the time this update is printed we will have also wrapped up an event at the Mt Horeb Do it Best and C-store. Together they combined to return cash as well as kick off June Dairy Month with milk, fresh cheese curds, brats, and ice cream sundaes. It was great to get back to returning checks in person. For some, the checks they received this year represent the eligible equity they had accumulated in one of the former cooperatives that became part of Premier over the years. In some cases, they are quite surprised to receive the old eligible equity, and even more surprised by the amounts. Over the next several weeks we will be mailing checks to those that were unable to make it to one of our open houses. This year we are proud to be returning $4m in cash to our members.

Grain bins

Market Update

May 31, 2022

Hopefully everyone had as smooth of a planting season as possible and you are seeing some nice emergence. It probably wasn’t ideal, but locally compared to some other parts of the U.S. we had a decent stretch for planting. Minnesota, North Dakota, and South Dakota are behind pace and looking at the possibility of some prevent plant acres.  The latest grain news out of Ukraine is the possibility of Russia allowing some exports to leave Ukraine in exchange for some easing of sanctions. This is still in the works and a developing situation, so time will tell how much grain, if any, will be exported. There are questions surrounding the extent of the damage to the export ports, internal elevators, and their rail infrastructure, but it seems like there is the potential for some grain to hit the market if an agreement is reached.  June 10th is the monthly WASDE report and June 30th is the quarterly grain stocks and acreage report. The June WASDE corn and soybean ending stock estimates are expected to be similar to May’s report numbers, 1.44 billion bushels and 235 million bushels. As I mentioned last month, prevent plant acres are usually not factored in on the June 30th acreage report.  Going into summer remember to keep that stored grain moving if you have any quality concerns as the temps warm up. Give us a call today to put in some targets on any unpriced old crop. 

Dairy cows

Silage Inoculant

May 31, 2022

Ensiled forages account for the majority of most dairy rations around the world. The main purpose for feeding ensiled forages is to preserve and recover organic dry matter, while retaining nutritional value and palatability. Proper or improved silage management can have a significant impact on the overall profitability of the dairy. One way to do this is to use a silage inoculant.

Planting

Precision Ag Survey

May 24, 2022

Participate in a Study to Identify Major Barriers to Precision Agriculture Technology Adoption   The Ohio State University Department of Food, Agricultural, and Biological Engineering (FABE) is looking for farmers, consultants, and other individuals who work alongside farmers to participate in a survey aimed at identifying major barriers that row crop farmers, consultants, and other personnel involved in crop production face when adopting precision agriculture technologies. Eligible participants must have row cropping operations in Arkansas, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Michigan, Minnesota, Mississippi, Nebraska, North Dakota, Ohio, South Dakota, and Texas or preform consulting tasks or other tasks for famers who have row crop operations within the states stated above. Participants who are interested in participating are required to take the survey found with the link here: https://osu.az1.qualtrics.com/jfe/form/SV_201lPMuZxRSESge. You will have six weeks from April 25, 2022 to June 15, 2022 to respond to the survey. Completing the survey will constitute your consent to participate in the study.

Fertilizer

ANVOL® Nitrogen Stabilizer

May 19, 2022

Maximize your yield by supplementing nitrogen, sulfur or other valuable micronutrients when the crop’s needs are at its highest demand. Including a nitrogen stabilizer like ANVOL can reduce cumulative ammonia loss to 12 percent, compared to losses of more than 30 percent with untreated urea.

Grain bins

Market Update

May 19, 2022

Monthly WASDE Report Last week we saw the monthly WASDE report released on Thursday the 12th. We didn’t see any change on the 2021/2022 corn ending stock number of 1.44 billion bushels. This report was the first release of 2022/2023 balance sheet that put ending stocks at 1.36 billion bushels, giving us a 9.3% stocks to use ratio, slightly below 21/22’s 9.6%.   22/23 soybean ending stocks are estimated at 310 million bushels, up from the 21/22 projected 235 million bushelthe expectation of expanding acres and yield bouncing back from this year’s drought in South America.s, with a 22/23 stocks/use figure of 6.8% vs 5.3% in 21/22. World carryouts were increased using large crops from both the U.S. and South America, with

Evaluating alfalfa stands

Evaluating Alfalfa Stands

May 11, 2022

Assessing the health of alfalfa stands is extremely important in helping estimate future yield potential as well as anticipating which fields are likely to suffer yield loss due to winterkill. Learn from Agronomist Mikayla Caygill as she explains how to evaluating stands.

Dairy cows

How Good is your On-Farm Feed Division?

May 05, 2022

The last 2 years in the dairy business have brought out the most volatile times that any of us in the business of milking cows, processing milk, selling food, manufacturing feed or providing nutrition services have witnessed so far in our careers. I’ve spent 28 years as a nutrition consultant to farms and this past year witnessed some things for the first time, along with market instability getting more volatile with quicker peaks and valleys than ever before. I’d never dream it was sustainable for a year with most being over $25 cwt total pay price now. We saw $2 and some odd cent corn 2 years ago in August and pushing $8 corn now. $290/ton soybean meal in August to now over $500 a ton.  I could go on and on with other ingredient disruptions, erratic prices and limited or no availability but I’ll stop there. I’d like to think that we won’t see this again but these times might be here to stay. How does your farm handle this volatility? I don’t think there is a magic answer in how we manage this. However, there are multiple tools available that we can use to help mitigate these variables.     

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