Using the right grease is one of the most important decisions you can make as you prepare equipment for the high-pressure planting season. But recent updates in grease formulations might make you do a double take as you get ready for spring.
“When you put the grease into your grease gun and on bearings, you’re going to notice it looks different,” says Andrew Hamilton, director of technical services and quality for Cenex® lubricants and refined fuels. “That is on purpose. You’re getting a better grease.” (more…)
The global grain trading business is risky. Avalanches and mudslides can stop trains in their tracks. Striking union workers can halt grain loading at port. Freezing sea spray and high swells can delay ocean vessels for days. Commodity prices and costs shift constantly.
While those situations may be beyond a grain company’s control, there are countless other factors that a team of CHS experts successfully manages 365 days a year – always focused on efficiency, safety and profitability. (more…)
CHS Inc., the nation’s leading farmer-owned cooperative and a global energy, grains and foods company, today reported net income of $346.7 million for the first half of its 2018 fiscal year (six-month period ended Feb. 28, 2018), compared to net income of $223.7 million for the same time period a year ago.
Consolidated revenues for the first half of fiscal 2018 were $14.9 billion, down from $15.4 billion for the first half of fiscal 2017. Pretax income was $185.0 million and $249.1 million for the first half of fiscal 2018 and 2017, respectively. (more…)
CHS now has more than 100 ResponsibleAg certified facilities from its CHS Country Operations and CHS Agronomy divisions. Out of all U.S. fertilizer facilities receiving this certification, CHS represents 12 percent of the total.
ResponsibleAg was started in 2014 to assist agribusinesses as they sought to comply with federal environmental, health, safety and security rules regarding the safe handling and storage of fertilizer products. The rigorous application process includes a checklist of more than 320 questions about federal regulatory requirements. To be certified as a ResponsibleAg facility, locations must be 100 percent compliant with the entire checklist. (more…)
When people ask CHS Government Affairs staff what it’s like to work as a lobbyist in Washington, D.C., they’re always curious about how the political landscape has changed in recent years. Sarah Gallo, director, CHS Government Affairs, is happy to share anecdotes, but she’d rather discuss how the conversation about agriculture has evolved. Students, farmers and the ag industry will carry that message to Capitol Hill on National Ag Day, to be celebrated March 20 in Washington, D.C., and across the country. (more…)
Please join us for our local annual meeting on Tuesday, March 13, 2018.
Doors open at 9:30 with the meeting starting at 10:30 with lunch to follow. Location is at the Kahler Apache at 1517 16th St SW, Rochester, MN 55902.
We hope to see you there!
CHS is teaming up with local farmers to fight hunger in rural America. The CHS Harvest for Hunger food, grain and fund drive begins March 1 and continues through March 20 at your nearest CHS location.
Due to weather, the Grain Marketing 202 session has been rescheduled for March 9 at 1 pm at our St. Charles location.
Space is limited, so please RSVP to one of the following:
-Aaron at the Kasson office at 507-634-7545 x 7
– Jared at the Ostrander office at 507-657-2234
– St. Charles location at 507-932-4830
We hope to see you there!
By Joe Lardy, research manager, CHS Hedging
China has had a long-standing policy to be self-sufficient in key food source production, including rice, wheat and corn. In 2004, the Chinese government made historic adjustments to its agriculture policy when it eliminated taxes on agriculture and created a new system of subsidies for key commodities. The subsidies supported seed and machinery purchases and resulted in improved infrastructure.
This set the stage for a huge buildup of acreage devoted to corn production. (more…)
Join us as we take the next step in our grain marketing journey. We will review the basics of grain marketing before taking a more in-depth look at options and compass contracts along with different ways to include these tools in your marketing plan.
Space is limited, so please RSVP to your local grain merchandiser.
Aaron Ulland in Kasson @ 507-634-7545 ext. 7
Jared Schaefer in Ostrander @ 507-657-2234
Ken Garness in Kasson @ 507-634-7545 ext. 7
Hope to see you there!