Delegates to the CHS Annual Meeting have approved amendments to the CHS Articles of Incorporation and Bylaws. The amendments created a new membership class structure and criteria.
“We appreciate our owners’ commitment to the governance of the company they own, as evidenced by their strong interest in the proposed changes to the core CHS governing documents” says CHS Board Chairman David Bielenberg. “Having a voice in the governance of the company you own and do business with is an essential point of difference of the cooperative business model.” (more…)
Growers are often called stewards of the land, and with the supply and demand increasing at a rapid pace they are also looked upon to produce higher quantities of food and grain in the same amount of time, all while protecting the environment.
Thanks to today’s innovative technology, environmental concerns including soil erosion, animal welfare and nutrient runoff can be minimized or prevented.
Farms are becoming increasingly progressive and the use of technology has made farming practices more sustainable to the environment than we have ever seen in history. (more…)
Image courtesy United Soybean Board
There are a number of factors that need to be considered when selecting a seed variety, and it’s no easy task for growers these days. Below are some considerations for seed selection, for soybeans and for corn. (more…)
There are many issues growers face in today’s agricultural industry. One rising to the top of the list is low commodity prices.
Growers across the country are facing the harsh reality of a decrease in income forecasted for the third straight year due to an extended decline in corn and soybean prices. According to the USDA, net cash farm income for 2016 is forecast at $94.1 billion, and net farm income at $71.5 billion – following the declines in 2015. (more…)
Nutrient management is as important in fall as it is at planting.
Growers considering a fall anhydrous ammonia application can take measures to make the most out of their fertilizer investment, while supporting nitrogen management best practices, says Eric Scherder, Ph.D., field scientist, Dow AgroSciences.
“Nitrogen isn’t a one-time event,” Scherder says. “There has to be forethought about how to manage it today and tomorrow.”
Growers who are serious about reducing nitrate loss into groundwater can take steps when making fall applications. These steps include evaluating application methods, paying attention to temperature and using a nitrogen stabilizer to reduce nitrate loss due to leaching and denitrification. (more…)
The 2016 harvest season has been one for the books with the USDA expecting farmers to harvest record amounts of corn and soybeans. These record yields highlight the fact that modern farming operations are bigger than ever – both in acreage and bushels.
During the busiest times of harvest, the number one question farmers ask themselves is how much crop they can take off each day – and if they have the appropriate resources to dry and store it. A cool, wet and windy fall has resulted in farmers harvesting corn at higher, moister levels than originally anticipated. This has increased pressure on grain dryers and localized propane supplies.
Although the last few weeks of harvest can be hectic, it is also the best time to evaluate how efficiently grain is moving through your operation and identify any areas that might need improvements in 2017.
ST. PAUL, MINN. (Nov. 3, 2016) – CHS Inc., the nation’s leading farmer-owned cooperative and a global energy, grains and foods company, today announced earnings for fiscal 2016 of $424.2 million.
CHS net income for fiscal 2016 (Sept. 1, 2015 – Aug. 31, 2016) of $424.2 million was down 46 percent from $781.0 million for fiscal 2015, reflecting lower pre-tax earnings within the company’s Energy and Ag segments, as well as its Corporate and Other category. Lower pre-tax earnings within these two segments were partly offset by increased pretax earnings in its Foods segment, and seven months of earnings from its Nitrogen Production segment which was created by the February 2016 strategic investment CHS made in CF Industries Nitrogen, LLC (CF Nitrogen). These results reflect the continued economic down cycle in the company’s core energy and agriculture businesses, as well as the impact of one-time events.
With continuing economic pressures on commodity prices and the ongoing need to increase yield, maximizing nutrient efficiency is becoming an even more critical component. This is also an ongoing challenge for growers as they are typically looking at their current crop while already planning for the next season.
The key to healthy plant nutrition and optimum crop production is a balance of all the essential nutrients, which is obtained by managing fertility and nutrient availability factors like proper placement, targeted timings and appropriate use rates to ensure nutrient availability throughout the season. In order to maximize crop production, growers need to provide all key macro and micronutrients for their plants at the appropriate time they are needed.
Growers can’t do it alone and it’s crucial they get the most out of their fertilizer, and take a look at the positive return on their crop nutrient investment. This is also important for retailers, as they want to maintain profitability within their business, but also to look out for their grower customers’ best interests too. Even in times of lower commodity prices, crop fertility is very important to maintain optimum conditions for the crops, to maximize their yield potential. (more…)
The CHS Board has delayed implementation of the company’s new individual equity redemption program, a decision made following its regular review of the CHS equity management program.
“This decision was made as we considered a number of factors, including our commitment to balance sheet management and the current economic cycle,” says CHS Board Chairman Dave Bielenberg. “CHS remains financially sound and profitable, but as we navigate this economic cycle, the board believes this delay was appropriate as we continue to take a long-term view in managing equity redemptions.”
1. What Are Spray Adjuvants?
Adjuvants aren’t new — in fact, they’ve been around as long as herbicides. However, with the recent conversations about the new trait and herbicide technologies, adjuvants are getting a lot more discussion, as they rightfully should.
With the upcoming changes, it is now even more important to make sure you are using the proper adjuvants to ensure your herbicide application is as effective as possible and to help minimize the development of herbicide resistant weeds. (more…)