Grain Outlook Broadcast

In light of current conditions with COVID-19 and the inability to have in-person meetings they way we’d like, CHS wants to bring market information to you in a different way. At 10am CST on Tuesday, July 14, Chris Stringer (Corn) and Justin Friesz (Soybeans) will be sharing their perspective on the current markets, the July report, and more.

These sessions will be held on Skype Broadcast. Skype is a web-based meeting so it’s very user friendly for you to join in using your computer, tablet, or phone.

Please note that there is a login step for webinar participants, so please login before the webinar begins.

Corn and Beans (10 a.m. Central): Please click here to enter your name and location information shortly before the webinar starts.

The links will become active 15 minutes prior to the start. To allow time for the registration process, we ask that you plan to register at least five minutes before the webinars start. 

Corn and Beans link

We hope you can join us for this Grain Outlook Forecast and reach out to any of the CHS Grain Procurement team with any questions.

Ag is an essential infrastructure. CHS locations continue to operate.

Minnesota Gov. Tim Walz has issued a Stay-at-Home Order related to the COVID-19 pandemic. The order will be in effect from 11:59 p.m., Friday, March 27, through Friday, April 10, 2020. Consistent with guidance from the United States Department of Homeland Security, the order exempts certain essential infrastructure and services, including agriculture and food.

After a full review of the order, CHS has determined that its operations fit within this exemption and we will continue to operate to provide essential products and services so cooperatives, retailers and farmers can plant and grow crops, raise livestock and bring the food they produce to market.

Below is a note from CHS to our customers in Minnesota.

Freeing phosphorus: New ways to add crop nutrient availability

An innovative option makes broadcast crop nutrient applications more available.

Farmers wouldn’t be satisfied with just 20 percent weed control from a herbicide application, but that’s typically the best nutrient availability they can expect from dry phosphate fertilizer applications.

“Under the best soil conditions, only one-fifth of applied phosphorus may be available to the crop throughout the season,” says Steve Carlsen, Levesol and crop enhancement manager, CHS Agronomy. “Availability is even less when soil pH levels are too high or too low or in soils that contain too little organic matter.”

(more…)

CHS powers Mayo Clinic’s mobile COVID-19 testing

CHS delivers propane to heat health care workers at one of the Mayo Clinic’s drive-thru sites in Rochester, Minn.

Mayo Clinic in Rochester, Minn., is the nation’s leading hospital, which makes it no surprise that the facility was one of the first in the state to set up mobile testing in March as the COVID-19 pandemic began its spread across the U.S.  

While health care workers began to mobilize and logistics were put together, Mayo Clinic’s main contractor, Benike Construction, reached out to the CHS facility in Rochester to help figure out how to use propane to get heat into the facilities. CHS was ready for the task.


CHS propane driver Dale Boelter makes a delivery to one of the Mayo Clinic’s COVID-19 mobile testing sites.

Answering the call was certified energy specialist Ken MacIver, who works to sell Cenex® products and propane to customers across the Rochester area. “There was certainly no textbook on how this would all work, so several entities were brought together, including our Country Operations location,” he says.

MacIver quickly began meeting at a six-foot distance in parking lots with Mayo Clinic compliance, Mayo Clinic health care departments, electricians and Benike Construction. “There was a lot of trial and error for procedures, systems and safety but the first mobile site got up and running the first weeks in March,” he says.

In the following weeks, more sites were put together resulting in a drive-thru clinic on each end of town and a walk-in clinic at the Mayo Clinic parking lot in downtown Rochester. To keep patients and health care workers at the drive-thru sites warm, three, 500-gallon propane tanks were hooked up to heaters. The walk-in clinic relies on two diesel generators for electricity and a 1,000-gallon propane tank hooked up to heaters.

“The entire CHS propane department in Rochester and our drivers were outstanding during this whole process,” says MacIver, who credits the entire team, but specifically propane manager Brian Crowson. “Changes were happening quickly, and Brian would put down other things he was working on to get to Mayo quickly if a change or fix was needed.”

CHS continues to fill the tanks while the heat is still needed. MacIver says the experience has been both gratifying and humbling. “It’s been an honor to represent CHS and the cooperative system alongside Mayo Clinic, a world-renowned health care organization that is working to make a positive impact on the community during these uncertain times.”

Micronutrients 101: Going Back to Basics

This article first appeared in the LIFT newsletter, a publication of CHS Agronomy. Read the entire article.

As growers finalize planting preparations and plan in-season fertilizer and sidedress applications, they may be looking for solutions for micronutrients deficiencies identified by soil or tissue sampling on their most productive acres. What are the most essential micronutrients and what products can help with yield and profitability?

The essential micronutrients include Zinc (Zn), Iron (Fe), Boron (B), Copper (Cu), Molybdenum (Mo) and Manganese (Mn).

  • They are considered micros because they are needed in smaller amounts compared to macronutrients by the plant.
  • Many micronutrients hold the key to how well the other nutrients are used; attribute to how well the plant develops and effects the total yield it will produce come harvest.
  • They also help feed the microorganisms in the soil to perform important steps in various nutrient cycles of the growing process.
(more…)

CHS reports $125.4 million in second quarter net income

Sunset over a farm

April 8, 2020

Dear Owners:

We are pleased to share our second quarter results for fiscal year 2020. We reported net income of $125.4 million for the second quarter of fiscal year 2020, which ended Feb. 29, 2020. This compares to net income of $248.8 million in the second quarter of fiscal year 2019.

The company reported revenues of $6.6 billion for the second quarter of fiscal year 2020 compared to revenues of $6.5 billion for the second quarter of fiscal year 2019. In the first six months of fiscal year 2020, CHS reported net income of $303.3 million compared to net income of $596.3 million in the first six months of fiscal year 2019.

(more…)

Update on COVID-19 from Jay Debertin

Dear valued customers and owners:

As our essential businesses work to meet spring season demands amid the COVID-19 pandemic, we continue to focus on the health and safety of every person and community connected to CHS and the cooperative system.

We want you to know that CHS remains fully operational and committed to providing the essential products and services you need. Our supply chain is prepared and moving into action as spring fieldwork begins. Grain is moving and the spring shipping season has begun. We are grateful for those positive signs.

Thank you for your business. Please let us know how we can help you navigate through the days and weeks ahead.

Sincerely,

Jay D. Debertin
President and CEO

Current COVID-19 Changes

Overall Company Updates:

  • We are limiting access at all locations and have eliminated walk-in traffic. Our staff members are available via phone (calls and texts) and email to fully serve your needs during this time.
  • If you are visiting a CHS location, please remain in your vehicle and call the location phone number you are visiting.
  • We have restricted face-to-face meetings. Our sales staff will conduct business via phone, text or email. As a company that prides itself on the relationships we have built, this will be a difficult change. However, face-to-face meetings pose a greater risk for all parties. If you need to conduct critical business that requires an in-person meeting, please call for an appointment to confirm access to the facility and availability of staff. All visitors to our office will be required to complete a questionnaire before entering our facilities.
  • For seed deliveries:
    • Those seed orders requested to be delivered will have the receipt either emailed or texted to them. You will have 48 hours to confirm the order by replying to the emailed receipt or the order will be automatically approved
    • Once order is delivered to your property, the employee delivering the order will take a picture of the receipt and the load delivered
    • For any questions, call Tim Gehling at 507-923-3066 or Jordan Thiel at 507-951-8125

A list of department manager contacts can be found here:

Agronomy locations:

  • Byron- 507-528-2175
  • Claremont- 507-528-2175
  • Grand Meadow- 507-754-5125
  • Ostrander- 507-657-2234
  • St. Charles- 507-932-4830

Grain locations:

  • Claremont- 507-528-2175
  • Kasson- 507-634-7545
  • Grand Meadow- 507-754-5125
  • Ostrander- 507-657-2234
  • St. Charles- 507-932-4830
  • Wykoff: 507-754-5125

Feed store locations:

  • Chatfield- 507-867-4311
  • Kasson- 507-634-7545 and press 5

Energy:

  • Warehouse- 507-288-1020

A message about COVID-19

With the impact of the global pandemic caused by COVID-19 evolving rapidly, we want to reassure you that CHS is taking steps to protect the health and safety of our employees, our owners and customers, and the communities we serve.

We are developing plans with the goal of continuing to provide the highest possible level of service to our customers and owners. Specific measures include:

  • Close coordination and collaboration to ensure safety and wellbeing of employees, customers and communities
  • Cancelation of annual meetings and other meetings of large groups and limiting visits to CHS facilities
  • Additional use of voice, video and other technology to serve you, our customers and coordinate farm visits
  • Activating plans to flex employees between locations or business units to better serve you
  • New process and rigor for interactions with vendors, suppliers, contractors or other third parties to promote health and safety
  • Fully utilizing our powerful and flexible supply chain and asset base should it become necessary to deliver to or from alternate locations

As the busy spring season unfolds, we will continue to adjust as circumstances change. We don’t take this challenge lightly, but we’re committed to working through it with effective planning, communication and execution. With our talented and committed team, best-in-class assets and our values of safety and cooperative spirit, we are confident CHS will continue to deliver products and services for customers and value for owners.

© 2020 CHS Inc.