Co-op News >Agricultural
Dairy cows

Mitigating Volatile Markets on your Dairy Farm

Mar 15, 2021

This last year has 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 27 years as 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 valley’s than ever before. We saw dumping milk in manure pits with no demand, and then 3 months later record prices for milk.  We saw $2 and some odd cent corn in August and now we are pushing $6 corn.  $290 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 as those are just the beginning. 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 the variables.   

High Octane Supplements

Take the High Octane Supplement Challenge

Mar 15, 2021

Let Premier Cooperative help you get the winning edge in your next 4-H show project with Purina® High Octane® supplements. The experts in show nutrition think this line of supplements will give your project the winning edge. Each of our supplements has a different use and benefit for your animal. They may need more muscle, more cover, more shape, or more depth of body. Whatever adjustment you need to make to your show project to get into the winner’s circle, we have got something in our toolbox for you.

Grain Bins

Are We Entering Another Commodity Super-Cycle?

Mar 05, 2021

Join Compeer Financial and Arlan Suderman, Chief Commodities Economist at StoneX, for a live webinar series as he shares first-hand perspective on the challenges and opportunities that lie ahead in the market. He will provide unique insight on global macro-economic trends and what it means for the commodities market.

Propane Tank at Sunset

What Causes Price Spikes?

Mar 05, 2021

In good old Midwestern fashion, February threw us a winter curve ball. Our nice and mild temperatures dropped drastically and had our furnaces running around the clock to catch up. Typically, winter brings a strain on propane supply as usage increases (that’s why we have you fill out your yearly contracts in the summer). What’s not so typical is for the entire United States to go through cold spells across the board.   Propane is created as a byproduct of refining processes. With Texas’ electric failure, nearly 2/3 of refining capabilities were cut off in the state at the same time as demand was high around the nation. As any economics teacher worth their salt would tell you, when you have less supply and more demand, price goes up. In this case we saw an impressive 50 cent swing almost overnight.    Your cooperative has so many options to keep you and and your family protected against these events. Keep up to date on our Facebook and Website pages to learn more this spring!

Tryston and Todd

Stabilize Your Nitrogen

Mar 04, 2021

28% of Nitrogen that farmers apply will be lost due to volatility, leaching, and denitrification. In recent years, many have compensated by applying even more Nitrogen to their fields. With Nitrogen prices skyrocketing (along with other fertilizers) it now makes more economic sense to protect your nitrogen applications with a nitrogen stabilizer.

Cow and Calf

Prepping for Calving Season

Mar 04, 2021

As beef cattle producers calving season is one of the most anticipated times of the year but can also be one of the most stressful times burdened by cold, late nights checking cows. Although many of our seedstock operators have been through the rush of their calving season many of Wisconsin’s commercial cattleman are just getting prepared. Now is the time to make sure your team and facilities are adequately prepared to ensure a smooth calving season. 

Propane Tank

March Energy News

Mar 03, 2021

I hope you all made it through the 2021 Polar Vortex unscathed. That was a special kind of cold we haven’t seen since the winter of 2013-14. Much like that winter, supply issues caused propane prices to increase dramatically. Another parallel to that winter was that folks who locked in their propane price weren’t affected by the price spike. In June we will once again be offering contracts to lock in your propane price for next winter. As always, I will recommend that you take advantage of the offer.

Emerging Corn Plant

Managing Early Season Plant Stress

Mar 02, 2021

Every year planting season presents a new set of challenges. Some years there are favorable planting conditions, and other years there are less than favorable conditions. These less than favorable conditions such as cool and wet soils, can lead to early season plant stress. While not all plant stresses can be eliminated, there are several practices you can follow to help mitigate them. Read more here...  

From the Manager's Desk

Mar 01, 2021

As we enter March with better than average temps, at this point we can only hope the 2021 growing season comes close to what we saw last year. While we had our share of challenges in 2020 that were outside of our control, production agriculture turned out to be one of the bright spots of the year. Favorable weather for the growing season and throughout harvest, coupled with timely rebounds in the commodity markets, helped brighten up what had been several years of challenging conditions in agriculture. Time will tell how 2021 turns out, but the staff at Premier is here to help work through any challenges we may face together.  

Grain Bin

Important Grain Notice

Mar 01, 2021

Premier Cooperative participates in Wisconsin’s Agricultural Security program.  If we fail to pay you for grain when payment is due, you may file a claim under this program.  The program may provide some compensation.  However, our “estimated default exposure” exceeds program coverage, and we have not filed security to cover the difference, so compensation may cover only a portion of your loss.  For more information, you may contact the Wisconsin Department of Agriculture, Trade and Consumer Protection, 2811 Agriculture Drive, Madison, 53708-8911 (phone 608/224-4998).   

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