Co-op News >Agricultural
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.     

Grain bins

Market Update

May 05, 2022

With April behind us hopefully we can move on to some warmer weather and good planting conditions in May. I hope everyone has a safe and successful planting season. Here’s a few updates on how the markets have been recently. The market has continued its upward trend, with Dec 2022 corn adding roughly another 60 cents since the end of March, and November soybeans pushing up close to its highs as well. We crossed and have spent a handful of days above $7 new crop corn across all of our locations and have crossed $14.50 on new crop soybeans as well. Obviously we could see further strength but so far we’ve seen people taking advantage of some great selling opportunities early in the year. Similar to Dec 2022, we’ve seen the Dec 2023 corn contract on a tear, closing up 26 of the last 28 trading sessions as I write this.  Please check our website for bids and contact me during trading hours if you are interested in contracting for next year.  The next USDA reports we will be looking at are the May 12 WASDE and the weekly crop progress reports each Monday afternoon.  So far we are showing the US slightly behind pace on corn and soybean planting, with the next few weeks’ progress being analyzed closely by the trade experts. The next acreage report is the end of June, but keep in mind that even if the cool wet spring persists nationwide, prevent plant acres aren’t addressed on that report. On the April WASDE, corn ending stocks were unchanged with an increase in exports offset by a decrease in feed. Soybean exports were raised by 25 million bushels bringing our ending stocks down to 260 million bushels.  As always, please feel free to reach out to your Premier team with any grain needs and happy spring! 

Sprayer Nozzle

Get the Most from your Adjuvant

Apr 20, 2022

A tractor is a necessity on the farm, but without fuel it's useless. The same principal applies to herbicide and adjuvants. Until a herbicide's active ingredient meets its intended target, it doesn't really have much benefit. That's why adjuvants are an essential tank-mix partner for effective weed control. Here are three actions you can take to ensure your weed control program gets the job done.

Sprayer Nozzle

Protect your Investment Down to the Last Drop

Apr 20, 2022

This year, every farmer is facing tough input decisions. Adjuvants improve plant coverage and reduces drift, optimizing your herbicide, fungicide, insecticide and desiccant applications. So while you might pay a little more today, you’ll be looking at fewer weed escapes tomorrow.

Planter

6 tips for determining planting date

Apr 18, 2022

As spring inches closer, it gets more tempting each day to fire up the tractor and get in the field. However, deciding when to plant is one of the first (of many) management decisions that will impact your crop’s performance this season. Here are six tips to help you decide the right time to put your corn and soybean seeds in the ground.

Grain bins

Market Update

Apr 18, 2022

On March 31st the USDA gave us some surprising acreage numbers. They estimate 2022 corn planted acres at 89.5 million vs 93.4 mil last year and 92 mil estimated by trade experts. Soybeans are estimated at 91 million vs 87 last year and 89 mil estimated by trade experts. This has led to a solid 60+ cent rally in December corn and an initial drop in soybeans followed by a nice recovery to only about 50 cents off the November contract high. Then on April 8th we had a monthly WASDE (supply & demand) report, which was focused on grain stocks on hand, which was in line with expectations. We currently sit at a 1.44 billion bushel corn carryout and a 9.6% stocks/use ratio vs last year’s final number of 8.3%. We see almost identical figures as last year on soybeans of a 260 million bushel carryout (257 million last year) with a 5.8% stocks/use ratio (5.7% last year). However, one difference is at this time last year some were predicting a sub 150 mil soybean carryout. It did not come to fruition, but it did create a lot of concern with domestic users. The market will be primarily trading any headlines surrounding the war in Ukraine, old crop export sales announcements, and U.S. weather in a few weeks. Planting delays are starting to be talked about, but keep in mind how quickly the U.S. farmer is able to plant the majority of their crop. Corn acreage at 89.5 million acres leads to a tight balance sheet and is generally supportive, but be sure to give Premier a call to take advantage of these solid price levels if it makes sense for your operation.  

Propane Delivery

April Energy News

Apr 05, 2022

If you read last month’s newsletter, you’ll recall that I retired from the Army Reserve. This month will be my last newsletter as I have decided to retire from Premier Cooperative to follow my dream and open a new online business. I will be offering items for sale such as cat swimwear, turkey foot back scratchers and chicken goggles. April fools! You’re stuck with me for a few more years. 

Fertilizer-Tender Truck

From the Manager's Desk

Apr 04, 2022

March was a busy month for your cooperative. While the propane division begins to wrap up and wind down another heating season, and the animal nutrition teams operate at a consistent pace year-round, the rest of the company is ramping up for their busiest time of the year. At our 11 full-service agronomy locations, they have been hard at work putting a winter’s worth of planning and preparation into action. The hundreds of hours of product, application, and safety training we attended across the company will soon be brought into play as we partner with our members to get this year’s crop in the ground. We look forward to welcoming back dozens of longtime seasonal staff, and even more new team members as we are just weeks away from the spring agronomy rush. 

Beef Cows

Preparing for Breeding Season - Male to Female Ratios

Apr 02, 2022

Breeding season will be here before we know it and with it, bull turnout. In our area, we are fortunate to have many outstanding registered seedstock breeders who will be marketing bulls this Spring. The opportunity to invest in genetics to improve the profit potential of your operation may have you wondering what exactly you should be looking for.

PMZ Dry

PMZ Dry

Apr 01, 2022

ocket Seeds PMZ Dry is a dry seed nutritional with a patent-pending formulation (1-10-0, 8% Zn, 2% Mn) designed to improve early root growth and plant vigor. An excellent talc and graphite replacement, its unique nutritional package creates a longer, more developed root system. The product’s distinct formulation adds agronomic value, while simultaneously improving seed flow through the planter. PMZ Dry addresses common challenges in the early stages of crop growth by improving resistance to early season cold and water stress. Not using starter when planting and worried about seedling vigor and emergence.  If you answered yes, consider using PMZ Dry from Rocket Seeds. 

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