Don’t Leave Fall Nitrogen Unstable

In the field applying nutrients

Nutrient management is as important in fall as it is at planting.

Growers considering a fall anhydrous ammonia application can take measures to make the most out of their fertilizer investment, while supporting nitrogen management best practices, says Eric Scherder, Ph.D., field scientist, Dow AgroSciences.

“Nitrogen isn’t a one-time event,” Scherder says. “There has to be forethought about how to manage it today and tomorrow.”

Growers who are serious about reducing nitrate loss into groundwater can take steps when making fall applications. These steps include evaluating application methods, paying attention to temperature and using a nitrogen stabilizer to reduce nitrate loss due to leaching and denitrification.

Important Considerations Before Fall Application

Soil Temp at 50 degrees or lessThere are best management practices growers can follow this fall to optimize fertilizer applications.

In the fall, let temperature drive timing. Fall nitrogen applications should be based on soil temperature, not calendar date, Scherder says. Wait to apply nitrogen until soil temperatures drop below 50 F.

Nitrosomonas bacteria, which converts ammonium nitrogen to the nitrate form that’s susceptible to loss, are active until soils reach freezing temperatures; however, their activity is significantly reduced once soil temperatures drop below 50 degrees,” Scherder says. “This is important to consider when making fall applications to protect that investment.”

To learn more about nutrient management visit with our agronomy team today.

Balancing Grain Drying and Propane Storage Needs

Right-size your propane tank

The 2016 harvest season has been one for the books with the USDA expecting farmers to harvest record amounts of corn and soybeans. These record yields highlight the fact that modern farming operations are bigger than ever – both in acreage and bushels.

During the busiest times of harvest, the number one question farmers ask themselves is how much crop they can take off each day – and if they have the appropriate resources to dry and store it. A cool, wet and windy fall has resulted in farmers harvesting corn at higher, moister levels than originally anticipated. This has increased pressure on grain dryers and localized propane supplies.

Although the last few weeks of harvest can be hectic, it is also the best time to evaluate how efficiently grain is moving through your operation and identify any areas that might need improvements in 2017.

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CHS posts fiscal 2016 earnings of $424.2 million

ST. PAUL, MINN. (Nov. 3, 2016) – CHS Inc., the nation’s leading farmer-owned cooperative and a global energy, grains and foods company, today announced earnings for fiscal 2016 of $424.2 million.

CHS net income for fiscal 2016 (Sept. 1, 2015 – Aug. 31, 2016) of $424.2 million was down 46 percent from $781.0 million for fiscal 2015, reflecting lower pre-tax earnings within the company’s Energy and Ag segments, as well as its Corporate and Other category. Lower pre-tax earnings within these two segments were partly offset by increased pretax earnings in its Foods segment, and seven months of earnings from its Nitrogen Production segment which was created by the February 2016 strategic investment CHS made in CF Industries Nitrogen, LLC (CF Nitrogen). These results reflect the continued economic down cycle in the company’s core energy and agriculture businesses, as well as the impact of one-time events.

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

equity300The 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.”

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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.

A generation ago, a Nobel Peace Prize winner proclaimed the same message. He was the great-grandchild of Norwegian immigrants, attended a one-room schoolhouse through the eighth grade, and failed his first college entrance exam. But when he was finally admitted to the University of Minnesota, Norman Borlaug took a Depression-era job with the Civilian Conservation Corps to pay for his tuition and living expenses. Through that experience he met hungry people and saw the way having enough food changed them.

Despite his humble beginnings, he went on to do great things. For over a half-century, his scientific and humanitarian achievements kept starvation at bay for millions of people in Third World countries. As a result of his work, global food production everywhere other than sub-Saharan Africa has increased faster than the population.

But Borlaug’s story doesn’t end there. In addition to his scientific work, he was a tireless advocate of fertilizer use and other modern agricultural practices. He remained active into his nineties, traveling, speaking and teaching.

On October 13th we encourage you to remember Borlaug’s shining example of what it means to engage the public on behalf of the fertilizer industry. To make the job easier, TFI, the Global Fertilizer Day Coalition and the Nutrients for Life Foundation have assembled tools to help you spread the word.

They highlight interesting facts and figures, including:

  • Half of all the food grown around the world today, for both people and animals, is possible through the use of fertilizer.
  • The fertilizer industry contributes more than 452,000 American jobs and in excess of $139 billion to the U.S. economy.
  • U.S. farmers are using fertilizer with amazing efficiency, growing 87 percent more corn today with just 4 percent more fertilizer than they did in 1980.

If each of the industry’s 84,000 employees took time to spread just one of these messages on social media or through personal interaction, just think of the impact it could make.

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

Wheat 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.

“The 2016 crop year was our inaugural offering for CHS Pro Advantage and we saw a tremendous interest from farmers who wanted to take advantage of pricing by experts who have a track record of success,” says John Whittle, merchandiser, CHS Grain Marketing NA.

“It’s important to remember the basis decision remains with the grower,” says Kent Beadle, marketing manager, Russell Consulting Group. “The settlement price to the grower is based on the performance of the futures and options hedges traded by our licensed brokers.”

Contract participants receive regular email updates about marketing progress and there is a price-out option available at any time during the pricing period.

Enrollment for CHS Pro Advantage corn, soybean and spring wheat bushels is now through Dec. 14, 2016. With one and two-year sign-ups, growers can enroll 2017 as well as 2018 bushels. Contact your local grain merchandiser for more details. Remember, there is a risk of loss when trading commodity futures and options.

© 2019 CHS Inc.