CHS Inc., the nation’s leading farmer-owned cooperative and a global energy, grains and foods company, today reported net income of $127.9 million for the fiscal year ended Aug. 31, 2017, compared to net income of $424.2 million for the fiscal year ended Aug. 31, 2016. Consolidated revenues totaled $31.9 billion for fiscal 2017, approximately a five percent increase over consolidated revenues of $30.3 billion for fiscal 2016. (more…)
Nitrogen management is critical for growing healthy corn and farmers are sensitive to their role in helping build a more sustainable world. They are faced with the often-daunting question of whether fertilizer applications can be both profitable and sustainable. Often, the delicate balancing act begins with the decision of whether to apply N in fall or hold off until spring.
BMPs and the 4Rs
Corn producers understand there is no blanket practice. There is, however, a disciplined application approach that has long proven effective.
“When we talk about sustainability in agriculture, specifically as it relates to nutrient management, it really goes back to a foundation of best management practices (BMPs) in conjunction with the Fertilizer Institute’s 4R Program,” says Eric Scherder, field scientist, Ph.D., Dow AgroSciences, from Huxley, Iowa. “We can address some of the challenges we’re facing with nitrogen leaching and surface application runoff more effectively using this approach.”
As most growers are aware, the 4R program is a concept to help them select the right fertilizer source at the right rate, at the right time, with the right placement. While source, rate and placement are important, often the most scrutinized decision — both from an economic and sustainability standpoint — is timing. (more…)
For those of you who haven’t seen the numbers, Tuesday’s USDA report was surprisingly bearish, yet again. Yields and production for both corn and soybeans were raised again this month. Just like last month, the market was expecting a friendly report with lower yields based on less than stellar crop conditions. Unfortunately, with the ...Continue Reading »
Mixed trade to start the week. Corn was fractionally higher while beans settled down two cents. The market is waiting with bated breath for tomorrow’s USDA monthly Crop Production and Supply & Demand reports. The market is looking for lower yields in both corn and beans. Traditionally the September report wouldn’t be considered a ...Continue Reading »