CHS Board addresses 2016 equity management; delays individual equity redemption program changes

CHS Equity Management ProgramThe 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.”

(more…)

4 Top Things Growers Need To Know about Adjuvants

sprayingcrops1. 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…)

Why you should celebrate Global Fertilizer Day

Global Fertilizer Day — October 13The Fertilizer Institute (TFI) and its members (including CHS) will celebrate the first annual Global Fertilizer Day this coming Thursday, October 13. Organized by TFI and a network of international organizations, the day is dedicated to spreading the word about the vital role our industry plays in improving peoples’ lives. As Microsoft founder and philanthropist Bill Gates has said on numerous occasions, two out of every five people in the world owe their lives to fertilizer. (more…)

CHS Pro Advantage contract now signing up bushels for 2017, 2018

Corn field - commoditiesWhen commodity markets turn volatile, pulling the trigger gets tougher. Grain producers looking for a seamless way to diversify – and simplify – their marketing have one more choice with CHS Pro Advantage.

This contract allows a grower to pledge a specific quantity of bushels to be professionally priced over a specific period of time, essentially taking the emotion out of selling. Bushels are priced by the trading professionals at CHS Hedging-owned Russell Consulting Group. (more…)

New Horizons News:

Breakeven Calculator

10/3/16

Highlights

  • As of 6.30am CT. the U.S. dollar was up .050 at 95.500, crude oil is up $0.29 at $48.53 per barrel, and the DOW is down 7 at 18,212.
  • 1-5 day weather forecasts continues to look wet for most of the Corn Belt.  0.25″ – 1″ is expected this week across IA, IL, IN, and OH.

Corn

  • Corn had a light volume trade overnight, trading in just a 3 ½ cent range. December Corn is currently at the bottom end of its range.
  • Friday’s Quarterly Stocks report has corn at 1.738bb, versus average trade estimate of 1.754; a slightly supportive figure for corn futures.
  • The Commitment of Trader report showed large speculators and funds as dedicated sellers, selling an additional 29,000 contracts, now holding a net short position of 192,000 as of Tuesday, Sep. 27th.

Oilseeds

  • The Commitment of Traders report show large speculators and funds cut their long positions in half over the previous week, now holding a net long position of 29,000 contracts.
  • Malaysian palm oil futures and Chinese markets are closed and consequently unchanged from last week due to a Holiday.
  • Friday’s Quarterly Stocks report has soybeans at 197mb, versus that average trade estimate of 201mb; a slightly supportive figure for soybean futures.

Wheat

  • The Commitment of Traders report shows large speculators and funds sold 1,000 contracts and are net short 145,000 Chicago Wheat contracts.
  • Chicago and KC are 2 – 3 cents lower and Mpls is unchanged as we near the end of the overnight session.
  • Friday’s Quarterly Stocks report has wheat at 2.527bb, versus the average trade estimate of 2.397bb; a bearish figure for wheat futures.

 

© 2021 CHS Inc.

New Weather App from DTN:How to Use