Posts By: Meghan Hinnenkamp

Herman Fire Department Refreshes Propane Safety Training

Photo credit to Luke Christians, CHS employee

HERMAN, MINNESOTA, April 22, 2019 – Local firefighters in the Herman area will be best prepared to respond to a propane emergency following the propane safety training held last week.

Herman Fire and Rescue held a training on April 15th that included a hands-on propane burn, where members of the department practiced controlling and extinguishing a propane gas fire.  CHS supported the event by donating propane for the burn. 

“At CHS, we spend a significant amount of time and energy ensuring safety for our patrons,” says Dustin Umlauf, Energy Manager with CHS.  “Having the opportunity to support safety initiatives in the community, like this propane release training, is just another way we can ensure propane users in our community are in good hands.”

As a home heat, agricultural, and commercial propane supplier, CHS is proud to support trainings and events like this that bring a greater level of safety to our communities.  With locations in Browns Valley, Chokio, Clinton, Donnelly, Fergus Falls, Herman, Milbank, Morris, Ortonville, Sisseton, Underwood and Wilmot, CHS is here to supply for your needs. For more on what’s new at CHS, visit our website at www.chs-herman.com, find our page on Facebook, and follow us on Twitter.

CHS Lumen: Premium Starter Fertilizer

By Andy Clauson, CHS Key Agronomy Specialist

I’d like to introduce CHS Lumen as our newest premium starter fertilizer.  CHS Lumen brings the ideal nutrient ratios to in furrow technology.  With the ideal ratio of N: P being 1:3, CHS Lumen has an analysis of 5-15-3-0.1 Fe- 0.8 Zn.  Along with that ideal ratio of nutrients, CHS has also added in our patent pending Ortho-Ortho EDDHA chelate to make nutrients in the soil like phosphorus and zinc more available to the plant.  The combination of these nutrients and chelate is nothing new to the marketplace, but what makes CHS Lumen unique is the addition of the Hemicellulase enzyme.  Unlike adding microbial products to the tank which can be inconsistent and temperature dependent, the Hemicellulase enzyme is active at all temperatures above freezing.  This enzyme helps make nutrients more available to the plant as well as converting organic matter into simple sugars to kick start the microbial activity in the soil.  Standard use rates in corn and sugar beets are 3 gals/A, in soybeans 1.5 gal/A, and in potatoes 3-5 gals/A.  This is a low salt, seed safe product, but I would recommend mixing some water to get a mix of 5 gal/A or more for coverage.  Contact your local CHS agronomy sales representative with any questions about CHS Lumen.

Cenex Total Protection Plan® pays $23,000 for tractor repair

Herman, Minn farmer benefits from Cenex warranty program

Photo L to R: Mark Severance; Dustin Umlauf, CHS Energy Division Manager & Tyler Nordby

The Cenex Total Protection Plan has been in place for over 50 years. Mark Severance, Herman MN farmer, has been adding his eligible equipment to the program since 2001, around the time when the co-op in Herman began offering the program to its patrons.

Having enrolled nineteen pieces of equipment in the warranty program over the years, Severance is quick to say the program is well worth it.  “We’ve added every piece of equipment that we can [to the program],” says Severance, and over the years he’s filed a few claims.  In April 2019, Cenex Total Protection Program again proved its worth to Severance, when he was awarded a check for over $23,000 to cover the repair expense for the front planetary on one of his tractors. 

The Cenex Total Protection Plan provides peace of mind for farmers, especially during the busiest times of the year.  By using Cenex Ruby Fieldmaster Premium Diesel Fuels and Cenex lubricants, users can get up to 10 years or 10,000 hours of engine and transmission coverage for new equipment (8 years or 8,000 hours on used equipment) as an extension of the original equipment manufacturers’ warranties.  LubeScan® oil analysis fluid sample reports taken regularly through the program also identify internal equipment condition issues early to stay ahead of potential downtime. 

Enrollment in the program is simple, and at $299 for new equipment ($399 for used), the upfront cost is a small price to pay for the value the program provides.  Contact a member of the CHS Energy Department for additional information on this program and how to enroll today.

Propane Tank Maintenance

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.

2018 Annual Meeting

Due to weather, the original event was canceled. Given our nearness to the spring planting season, the annual meeting update has been included in existing location agronomy meetings. Meetings in Ortonville and Corona are held March 26, meetings in Herman are held April 4, and Fergus Falls meetings are held April 5.

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.

1099 Notice

Updated Notice (February 18, 2019):

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 Reports $347 million first quarter fiscal 2019 net income

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 rigor.”

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 refining margins.
  • 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.

First Quarter Fiscal 2019 Segment Results

The following segment results were reported for the first quarter of fiscal 2019 as compared to first quarter fiscal 2018.

ENERGY

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.

AG

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.

NITROGEN PRODUCTION

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.

CORPORATE AND OTHER

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 requirements.

Read the full press release online here.

CHS Foundation Announces $1.5 Million Gift to Support SDSU Precision Agriculture Program

 

Photo from left to right: CAFES Dean John Killefer, CHS Board of Director Tracy Jones, CHS Board of Director Randy Knecht, CHS Foundation President Nanci Lilja, SDSU President Barry Dunn, Jerome J. Lohr College of Engineering Dean Bruce Berdanier, CHS Board of Director Dave Kayser, and CHS Region Vice President Ed Mallett.

 

The CHS Foundation, funded by charitable gifts from CHS Inc., announced a $1.5 million grant to support the South Dakota State University (SDSU) precision agriculture program and construction of the new Raven Precision Agriculture Center on campus.

“The gift from the CHS Foundation is pivotal in allowing us to make our globally preeminent precision agriculture program a reality,” says John Killefer, the South Dakota Corn Utilization Council Endowed Dean of the SDSU College of Agriculture, Food and Environmental Sciences.

The gift aligns with CHS priorities around ensuring that educating the next generation of ag leadership includes technology and tradition.

“The CHS Foundation is committed to supporting projects that cultivate opportunity for students interested in the agriculture industry,” says Nanci Lilja, president, CHS Foundation. “By supporting the precision ag program at SDSU, there will be more qualified graduates entering the agriculture industry.”

SDSU is the nation’s first land-grant university to offer a bachelor’s degree and minor in precision agriculture. The degree is a collaborative effort encompassing the Agricultural and Biosystems Engineering Department and the Agronomy, Horticulture and Plant Science Department in the College of Agriculture, Food and Environmental Sciences, as well as the Jerome J. Lohr College of Engineering.

SDSU’s precision agriculture degree will provide students with access to cutting-edge developments in the rapidly evolving intersection of agronomics, high-speed sensor technology, data management and advanced machinery development. Students will be prepared for lifelong careers that support economically and environmentally sustainable agriculture.

This facility will allow the state to lead the nation in precision agriculture research, teaching and innovation.

“The gift in support of the Raven Precision Agriculture Center will positively impact our students and industry for decades to come,” says Killefer. “This commitment from the CHS Foundation illustrates the leadership role and vision they have within the agricultural industry.”

The building has 129,000 square feet of floor space that will be able to house modern precision farm equipment and will provide collaborative learning spaces for student design projects. Flexible space will give scientists from a variety of departments and industry space to collaborate on research and education.

“Precision agriculture technology is ever-changing,” says Lilja. “It’s exciting to envision the impact students will have by developing new technologies through collaboration with their peers and industry leaders in this new environment.”

Final construction plans are in-progress. Some ground work is expected to begin this fall, with construction starting in the spring of 2019.

About the CHS Foundation

The CHS Foundation, funded by charitable gifts from CHS Inc., is focused on developing a new generation of agriculture leaders for life-long success. Together, with our partners, we are igniting innovation and driving excellence in agriculture education, cultivating high-impact programs for rural youth and accelerating potential for careers in agriculture. Learn more at http://chsfoundation.org.

About South Dakota State University
Founded in 1881, South Dakota State University is the state’s Morrill Act land-grant institution as well as its largest, most comprehensive school of higher education. SDSU confers degrees from seven different colleges representing more than 200 majors, minors and specializations. The institution also offers 36 master’s degree programs, 15 Ph.D. and two professional programs.

The work of the university is carried out on a residential campus in Brookings, at sites in Sioux Falls, Pierre and Rapid City, and through Extension offices and Agricultural Experiment Station research sites across the state.

 

 

Cenex® Gift Cards for Gallons Starts November 1

Starting November 1, 2018, through February 28, 2019, you can earn one $50 VISA® gift card for every 125 gallons of lubricant and grease products purchased.

Eligible lubricant products include:

  • Maxtron® DEO
  • Maxtron® Enviro-EDGE®
  • Maxtron® GL
  • Maxtron® THF+
  • MP Gear Lube
  • Qwiklift® HTB®
  • Superlube 518®
  • Superlube TMS®

Eligible grease products include:

  • HD Moly Xtreme
  • Poly-Xtreme®
  • Maxtron® EP
  • Blue Gard® 500+™
  • Fluid Gear Grease
  • Molyplex 500+
  • ML 365®
  • Red Protect XT®
  • Maxtron® FS

 

Getting your reward is easy:

  • Complete a Gift Cards for Gallons Redemption Form (you can obtain this from your local CHS energy team), attach the qualifying sales receipt(s) or invoices, and submit by mail no later than April 6, 2019.   Contact our office with any questions!

© 2019 CHS Inc.