Grain Update

Aug 03, 2021


Grain Bin

August Update.

I hope everyone has had a great summer so far and have received enough timely rains to keep pushing this crop along. Although it is only August, your Premier grain team is working to be ready for harvest. Shipping grain, cleaning bins, equipment maintenance, and repairs are all being taken care of now. Fall will be here soon enough, and we will be prepared for the rush. 

One addition to the harvest season this year is that we will be sending out texts for each Premier location as needed updating hours and other important information. Contact us today to get put on your location’s list. If you already receive cash bids texts, we have all the necessary contact information. If you don’t, just let us know your name, phone number, cell carrier, and which location’s alerts you would like to receive, and we will get you set up. 

We now offer grain settlement payments via direct deposit. This will allow members to receive grain settlement payments quicker and simplify the payment process. As a member you can sign up to receive ACH payment on the company website under the grain marketing tab. An email address is required to receive settlements. Please contact your grain marketing group if you have questions.

Price has been incredibly volatile over the past few months as we’ve been in the middle of a true weather market. Each update to the weather models bring hefty price movements, both to the upside and downside. With each weather update, think about how the nation’s yields are affected and, in turn, the carryouts change. Current estimated 2021/2022 corn carryout is 1.43 billion bushels, and soybean carryout is 155 million bushels. Compare this to 2020/2021 projected carry outs of 1.08 billion bushels of corn and 135 million bushels of soybeans. We can keep an eye on these figures monthly, with the next release being August 12th at 11:00 am. Please feel free to reach out with any grain marketing questions. 
 

Jory Bossuyt

Grain Lead & Merchandising
 

Latest Posts

Jan 20,2023
For many years premier has offered scholarships to graduating high school seniors that are planning to attend an Ag Short Course or any other 2+ year accredited degree program after high school.

In order to qualify, students must:
  • Be a graduating high school senior in the class of 2023.
  • Be the child of an active member of Premier Cooperative. Active members must have done over $1,500 of patronage business with Premier during fiscal year 2022.
  • Student had to submit an essay on the role and importance of cooperatives in rural America.
Jan 04,2023
As we move towards the 2023 planting season, we are still overshadowed with supply and availability concerns for a few of our key crop input products.  I will say that the concern is not as high as it was one year ago, but we must be alert to any outside factors that can affect production and transportation. That means that not only active ingredients, but inert ingredients, labels, plastics, and other components might have an impact on whether the products are able to make it to your farm. 

 
Jan 04,2023
Digital Dermatitis, commonly referred to as hairy heel warts, poses many threats to a dairy herd in terms of health, productivity, and longevity. Hairy heel wart typically presents on the back of the heel and can look red and raw initially. The area may have raised, hair – like projections and can extend to the front of the foot. Factors such as stress leading to decreased immunity, poor micronutrient intake, wet and muddy environment, exposure to infected animals, inadequate foot bath and hoof trimming can all lead to DD (digital dermatitis) infections. Unfortunately, this is an industry – wide battle. According to a recent study by the USDA, over 70 percent of dairies in the United States had reported cases of DD. In this article we will go through key factors to prevent and treat digital dermatitis. 

Related Posts