Co-op News > January 2021 >Commercial
Grain Bin

Forward Contracting

Jan 25, 2021

Market In the past few months, we have seen rising corn and soybean prices due to reductions in crop size and tightening carryout numbers. This has presented us with selling opportunities that we have not seen in 5-7 years. As we focus on marketing the 2020 crop, we would encourage you to also look at the 2021 crop. Using your own farm’s projected costs and historic/projected yield information, there may be profitable opportunities to forward contract a portion of your expected crop. The first step in this is calculating costs, which can be helped by a simple Excel spreadsheet template that Premier can send you to customize for yourself. Contact Jory Bossuyt at our Westby location at 608-308-4889 or use the form below to send an email for more information. While we are not certain what prices will do going forward, if it makes sense for your operation to start forward contracting, we are happy to assist.

Diesel Tank

Diesel Contracting

Jan 13, 2021

‘Tis the season for diesel contracting!  Diesel market volatility is one of the largest unknowns that producers and organizations face. The capture of a single oil tanker or an OPEC disagreement can cause massive price swings, leaving those of us in the Midwest reeling. If we learned anything last year, it’s that prices can change on a dime and leave us wondering what might come next.  Energy trends continue to be bullish as we head into a new administration and as vaccinations continue to roll out worldwide. Though we can never be absolutely certain, we are seeing indicators that price will continue to rise over historic lows seen last summer.Your cooperative offers contracting options to help weather the uncertainty. Whether you are simply looking to lock in a price for your yearly gallons to build a better budget or wanting to hedge risk with piecemeal contracts in the hope of a summer price swing, we can help you find a solution best suited for your needs.Contact me at the information below to learn more!

Propane Snow

2021 Energy

Jan 02, 2021

I hope you all enjoyed the holidays and that 2021 finds you well and in good spirits. It’s kind of nice to see 2020 in the rearview mirror. Have you decided on your new year’s resolution(s) yet? My resolution is to make better bad decisions. Here’s to 2021! Let’s start 2021 off right and talk about safety. Remember that if you replace a propane appliance such as ranges, ovens, water heaters, clothes dryers or furnaces, you are required by law to call your propane supplier so that they can perform a leak test and inspection of the work. If you have replaced a propane appliance and haven’t yet had it tested, call your local Premier Energy location today. We have found leaks in the piping as well as the new appliance itself. The same goes for change of occupancy. If you have moved into a home recently and get your propane from us, call us for a leak test.    

From the Manager's Desk

Jan 01, 2021

By the time you receive this newsletter, Premier Cooperative will be entering its 128th year. Your cooperative is recognized as the oldest farm and consumer supply cooperative in the United States. In 2006, the U.S. census data listed 6,022,000 firms in the United States. Of those 6 million, only 540 were over 100 years old. That’s about 1 in every 11,151 businesses. Congratulations for being part of the current generation of members and owners of one of the oldest companies in the U.S.