January 26, 2020

Archives for January 2013

Rodman Fire Department Receives Donation

Don Hyslop Rodman IARodman Fire Chief Don Hyslop recently accepted a contribution from MaxYield Cooperative.

The farmer-owned agricultural cooperative annually contributes to area fire departments as part of their commitment local communities.

More information about MaxYield Cooperative can be found at www.MaxYieldCooperative.com.

 

 

 

Weather, exports trump farm bill

By Gene Lucht Iowa Farmer Today

A tentative agreement to renew the farm bill for one year likely will not make a big difference in the grain markets, but it could certainly affect dairy producers.

For corn and soybean growers, spring planting plans will not be affected much by the farm bill, says Karl Setzer, a grain market analyst with MaxYield Cooperative in West Bend. Those plans are more affected by production in South America and export demand than by government support.

But, he says dairy producers need the programs offered by the farm bill, and those producers are dealing with a difficult market situation right now.  “Dairy is in for a little bit of a tough time.”

It’s hard to make any similar prediction for the grain markets. The start of 2013 looks a lot like 2012 for grain producers, Setzer says.

The drought is still a concern, especially in the plains and the entire western Cornbelt. Supplies are tight worldwide, but one good bumper crop could alleviate that problem.

Usage, especially for soybeans, remains strong with the United States expected to essentially run out of export product by spring.

And so far that South American crop looks like a good one, though Argentina may be a weak spot. Weather conditions in Argentina could delay the harvest there and hurt the chances for farmers there hoping to plant a second crop.

Still, Setzer says if the weather is good in 2013, the world could produce a large crop and grain prices could fall. In the long run a little dip could help the market, he adds, explaining it would bring back some demand through better margins for livestock and ethanol producers.

Finally, one item that could affect the market in the short term is the state of shipping on the Mississippi. Low water levels have meant a shorter shipping season this winter, something that has some farmers worried. Setzer says the good news is if there is ever a good time for reduced shipping it is when the grain supply is reduced as well, as it is in this year’s drought season.

 

This story was originally posted to Iowa Farmer Today

 

Custom Applicator 101 Career: Is this you?

Custom applicators are an essential component of MaxYield’s agronomy business. Precise application of crop nutrients and crop protection products is one of the first steps of a successful crop.

Hear in the words of our team, why being a custom applicator is a rewarding and challenging career that offers excellent advancement opportunities in agriculture.

Learn what it takes, and why this career could be right for you.

For more information about exciting careers at MaxYield Cooperative, contact us at: www.maxyieldcooperative.com/join-the-team

 

 

A Rail Corridor Roars Back to Life

MaxYield Garner IAAbout a year ago, farmers in the north central part of the state gained some options for selling their grain.

The former Union Pacific Railroad line was abandoned for lack of meeting a 100-car capacity. Last November, the 28-mile stretch of track was back in operation—from Belmond to Garner to Forest City—with a ribbon-cutting ceremony by the governor and a grand celebration.

The purchase of the track for $1.5 million and an additional $500,000 for improvements by the North Central Iowa Railroad Corridor LLC, and a 10-year lease-to-own agreement with the Iowa Northern Railroad, creates access to more markets and agricultural products.

“I just know it’s a total plus for our community,” said Bob Malek, a farmer north of Garner. “Anything with rail is good for us, and it helps save wear on our roads.” Malek and area farmers rely on MaxYield Cooperative in Garner and the Iowa Northern Railroad to transport grain and provide fertilizer and other agricultural products.

Farmers appreciate competitive bids

The benefit to Garner-area farmers means competitive bids are on an equal basis with other areas with rail access, said Harry Bormann, grain team leader for MaxYield Cooperative, which is one of the investors in the project.

“It also means up to 1,500 fewer truckloads of grain on Highway 18,” added Bormann, who noted that rail is a more efficient method of transporting grain. “Each rail car holds three truckloads of grain.”

MaxYield Cooperative Garner IAAgriculture and manufacturing in Forest City also benefit from the North Central Iowa Rail Corridor with the transportation of grains, fertilizers, and products for Winnebago Industries and the 3M Distribution Center.

Randy Broesder, general manager of the Farmers Cooperative Association in Forest City, is one of the movers and shakers behind the revival of the track and the access to more agricultural markets for area farmers. Farmers Cooperative Association is also one of the investors in the project.

North Iowa Railroad train master Donny Rehlander is more than a little biased when it comes to the benefit of railroads. This fourth-generation railroad worker said he’s amazed to be working in some of the same buildings and lines as his ancestors before him. Rehlander, of Mason City, is also proud to be part of the process of transporting agricultural products to the nation. “The farmers are really excited to see their corn going to different markets.”

Another plus of the North Iowa Railroad is the option of a run with fewer cars, sometimes as few as five to 10 cars. It may not seem like a big deal, but to hundreds of Iowa farmers, it means the world.

 

This article and photos were reprinted with permission from the Iowa Farm Bureau Spokesman.

 

 

Updated U.S. Seasonal Drought Outlook

drought mapMaxYield grain analyst Karl Setzer shares this drought outlook from NOAA for now through March 31, 2013.

As noted, there appears to be some improvement in eastern Iowa, however the drought continues to persist in western Iowa, through the Dakota’s and south.

Navigating commodities in a weather market can provide added stress.

Learn how the solutions specialists at MaxYield can help.

We offer innovative marketing strategies, tools and competitive bids too.

Learn more at www.MaxYieldGrain.com.

 

 

Hancock County Ag Museum Receives Matching Funds

MaxYield Hancock County Ag Museum

Photo caption:

MaxYield’s Kody Trampel (left) presents Hancock County Agriculture Museum president Darrell Schaper with a contribution from Land O’Lakes Foundation.

The funds match an earlier contribution from MaxYield Cooperative to the project.

The museum recently constructed a 53’ x 60’ addition that includes a wrap-around porch area to their complex.

The group also finished the concrete and electrical portion of the expansion prior to this summer’s Hancock County Fair, held annually in Britt.