Grain powers American agriculture. During Stand-Up for Grain Safety Week, March 25 through 29, we want to remind everyone working on farms and in grain-handling facilities to respect and understand the risks associated with working with grain.
“It’s important to continue to work with the industry, our
employees and our farmer-owners on the hazards in the grain industry, while
stressing safe practices and controls to ensure their safety,” says Matt
Surdick, manager, Country Operations Environment, Health and Safety, CHS.
When most people think of agriculture, they wonder how we are going to feed the growing population of 9.6 billion by 2050. And while that’s an important question to consider, I find myself thinking more often about the individuals needed to fill the talent pipeline to feed that growing population.
With nearly 4 in 10 agriculture jobs going unfilled each
year and the average-age of farmers ever increasing, it’s going to take a
pragmatic, creative approach to encourage young people to pursue careers in
CHS has completed the acquisition of West Central Distribution, LLC, a full-service wholesale distributor of agronomy products headquartered in Willmar, Minnesota.
“Completing the acquisition of West Central demonstrates
our commitment to provide more of the products, services and technologies
cooperatives, retailers and our farmer-owners need to compete,” said Gary
Halvorson, senior vice president, CHS Agronomy. “Ownership of West Central
expands our agronomy platform, positions CHS as a leading supply partner to
cooperatives and retailers serving growers throughout the United States and
adds value for CHS owners.”
It may be impossible to tell with complete certainty where a disease
will be an issue, but most people can agree on the conditions that can lead to
disease. These conditions, otherwise known as the Disease Triangle, include a
susceptible host, a conducive environment and a pathogen. When those three
things collide, there will be a disease issue.
we can see the triangle forming, we can’t always predict how strong the
pathogen will spread or how strong it will be. Because we are unable to make
this prediction, prevention and planning are key to stopping the spread of
Mother Nature has made it clear this year that winter is here to stay! Keep warm until the warm weather returns by keeping these tips in mind as it relates to your propane tank.
Keep a path from your driveway to your propane tank clear and free of snow. Failure to do so will impact our delivery team’s ability to fill your propane tank. We want to ensure you have heat all winter, but we need your help to ensure we can access it. We recommend clearing a path after each snowfall and whenever drifting occurs, to keep the path accessible for propane delivery trucks.
Keep your tank free from deep snow coverage. Propane tanks that are covered in deep snow are at greater risk for leaks, as the fittings, joints, and even the whole tank (with deep snowfall) can shift due to the weight of the snow. Snow-covered tanks can also prevent any leaking gas from escaping, causing a dangerous gas build-up. The snow also impacts how well your tank operates, as heavy cover can cause improper vaporization. Stay safe and keep your propane system fully functioning by periodically brushing the tank off this winter.
Ensure safe practices when clearing snow. Keep safety top of mind around your propane tank this winter—be sure to exercise care when using heavy equipment to move snow, and use a broom (rather than a shovel) to clear snow from the tank to avoid puncturing the tank.
As always, if you smell gas, leave the area immediately! Avoid flames and sparks—don’t turn on light switches, and wait to use your cell phone until you are away from the area. If it is safe to do so, turn off the main gas supply valve on the tank; then, report the leak, using a phone from a safe distance away from the leak.
If you have any questions regarding your propane service or are looking to lock in heating gallons, please give our office a call at 218-739-3521.
One of the largest rural youth leadership organizations, FFA, kicks off National FFA Week, Feb. 16-23 to celebrate all things ag leaders, blue corduroy and agricultural education. Many CHS employees are former FFA members and many CHS locations are involved with their local FFA chapters.
February 11 Update: Due to weather, this event has been canceled.
It was a big year with the unification of CHS Border States and CHS New Horizons! A new name calls for a new layout to the annual meeting. We’re excited about the agenda we have planned for the event and hope you can attend!
Join us at your local CHS annual meeting and learn more about what happened at your cooperative during the past year.
Date: Thursday, March 14, 2019 Location: North Dakota State College of Science in Wahpeton, ND Start Time: 9AM
9:00 – 10:00 – Business Meeting Election of board members, financial report & 2018 year in review
10:00 – 11:45 – Breakout Speakers
Global Agriculture: What’s Your Fit? Presented by Brian Schouvieller, Senior Vice President, CHS Global Grain Marketing How does your farming operation fit into the global ag market? Brain will discuss the global footprint of CHS, along with a high-level trade summary, to answer this question.
News About Nitrogen Presented by Jim Carlson, Crop Nutrients Regional Sales Manager Unlike grain markets, fertilizer prices have been trending up. Why aren’t prices for these commodities linked more closely? We will explain how market trends, trade flows, industry dynamics, global geopolitical influences and weather patterns affect fertilizer prices.
State Capitol Views Presented by Jake Hamlin, CHS Government Affairs What is the latest on the proposed Nitrogen rule? Why is there a push for statewide grain elevator checkoff dollars? How likely are tax credits for buffer strips? What are state officials doing toward a global trade resolution? Jake Hamlin will cover these topics, among others, during his presentation.
11:45 – 12:20 – Keynote Speaker
Bull or Bear? The Great Debate
This session pits Mosaic’s two veteran analysts (Dr. Mike Rahm & Andy Jung) against each other in two informal, and somewhat irreverent, debates about the phosphate and potash outlooks. Based on a coin toss, one analyst will argue the bull case while the other will argue the bear case, with the audience ultimately deciding the most convincing and winning argument.
12:20 – 1:20 – Lunch
Contact a CHS staff member to learn more about the event! Invitations have been mailed directly to member-owners of the cooperative.
Revised 1099s were sent in the mail Friday, February 15th to members, along with a letter outlining information regarding the 1099s. Please note the 1099s being mailed are not replacements to the one you already received, but rather an additional statement to provide your tax preparer. Please keep a watch on your mail this week to collect this statement.
We appreciate your understanding of this situation and welcome any additional questions.
Original Notice (February 6, 2019):
On your CHS 1099 PATR box 3 if you had any grain transactions where you received payment in the time frame of 01/01/18-08/31/18 this information may not be showing on your 1099 detail statement or included in your 1099 box 3 amount. We are working to have corrected 1099’s sent out. We apologize for this error and we will have it corrected as soon as we have the new amounts. Thank you.
CHS Inc. has reported
a net income of $347.1 million for the first quarter of fiscal 2019. “Our
strong first quarter results position us well as we start our 2019 fiscal
year,” said Jay Debertin, CHS president and chief executive officer. “We are
focused on making CHS our customers’ first choice by advancing our technology
solutions and equipping employees to meet the changing needs of our customers
around the world. We will do this while maintaining financial discipline and
Key financial highlights for the quarter that ended Nov.
30, 2018, include:
Net income of $347.1 million, an increase of
$159.9 million from the restated first quarter of fiscal 2018.
Consolidated revenues of $8.5 billion, a $452.4
million increase from the restated first period of fiscal 2018.
Pretax income of $367.2 million, an increase of
$159.4 million from the restated first period of fiscal 2018.
Improved crude oil pricing, which drove higher
Favorable market conditions in the crop
nutrients business, which resulted in higher margins.
Improved earnings in the company’s CF Nitrogen,
Ardent Mills and Ventura Foods investments.
Fiscal 2019 Segment Results
The following segment results were reported for the first
quarter of fiscal 2019 as compared to first quarter fiscal 2018.
The $112.0 million increase in Energy pretax earnings
reflects the following:
Improved market conditions in the refined fuels
business driven by favorable crude oil pricing.
The $5.1 million increase in Ag pretax earnings was
driven by the following:
Improved pricing within the company’s crop
nutrients and processing and food ingredients businesses and volume increases
within grain and processing.
The $18.0 million increase in Nitrogen Production pretax
earnings reflects the following:
Improved margins within the Nitrogen Production
business driven by increased sales prices of urea and UAN, which are produced
and sold by CF Nitrogen.
The $24.3 million increase in Corporate and Other pretax
earnings reflects the following:
Higher earnings from the company’s investments
in Ventura Foods, LLC and Ardent Mills, LLC as well as increased interest
revenue from the company’s financing business.
In late December 2018, CHS, a 25 percent owner of West
Central Distribution, exercised its option to purchase the remaining 75 percent
of the respected crop protection distribution company and is in the process of
completing due diligence and satisfying regulatory, legal and other
The 2018 CHS Annual Meeting wrapped up December 7 as more than 1,900 CHS member-owners took part in educational sessions, board elections and governance, and heard company updates in Minneapolis, Minnesota. A recap of the meeting, including the 2018 CHS Annual Report, videos and photos is ready to view.
During CHS Board elections Friday morning, CHS owners elected a farmer from Nebraska and re-elected four other farmers to serve three-year terms on the board. CHS Directors must be full-time farmers or ranchers to be eligible for election to the 17-member board.
Newly elected Director David Beckman of Elgin, Nebraska, succeeds Don Anthony of Lexington, Nebraska, who retired after serving on the board since 2006. Along with his wife, brother and their families, Beckman raises irrigated corn and soybeans and operates a custom hog-feeding operation. He received his bachelor’s degree in agronomy from the University of Nebraska-Lincoln, and he serves as board chairman for Central Valley Ag Cooperative, York, Nebraska, and secretary of the Nebraska Cooperative Council.
Re-elected were Steve Fritel, Rugby, North Dakota; David Johnsrud, Starbuck, Minnesota; David Kayser, Alexandria, South Dakota; and Russ Kehl, Quincy, Washington.
Following the annual meeting, the CHS Board re-elected Dan Schurr, LeClaire, Iowa, to a one-year term as chairman. Other directors selected as officers for 2019 were:
J. Blew, Castleton, Kansas, first vice chairman
David Johnsrud, Starbuck, Minnesota, secretary-treasurer
Jon Erickson, Minot, North Dakota, second vice chairman
Steve Riegel, Ford, Kansas, assistant secretary-treasurer