April 20, 2019

Archives for February 2013

$6 Millon Preferred Stock Offering from MaxYield

This letter was recently mailed MaxYield’s Iowa members and clients.

 

Dear MaxYield Members & Clients:

When it comes to the future of your family, the important choices you’re required to make each day can be challenging, to say the least.

MaxYield Cooperative is proud to announce one easy choice for investing in your future and the future of your cooperative: our new Preferred Stock Offering program.

This new investment opportunity from MaxYield offers $6 million of preferred stock with shares that pay you a 5% annual dividend. We’re excited because it’s a win for our clients, our communities and MaxYield. Our clients have the opportunity to earn a good return on an investment, the communities we serve continue to grow and prosper and MaxYield builds a stronger equity base.

The preferred stock offering will allow us to continue and even accelerate MaxYield’s facility upgrades, completing asset upgrades faster in order to serve you more effectively.

At one dollar per share, the Preferred Stock Offering is available to any Iowa resident over 18 years of age or any Iowa domiciled corporation, and has a low minimum investment requirement. You do not need to be a current MaxYield member or client. Your investment will make a solid 5% annual dividend, while giving MaxYield support for future grain, agronomy, and other capital projects.

MaxYield will be conducting informational meetings about the Preferred Stock program in each of the regions we serve. Learn more about taking advantage of MaxYield’s Preferred Stock Offering by attending one of the meetings listed here:

Mon, March 11: 7:00 p.m. @ Emmetsburg Wild Rose Casino, (Hwy 18 East)

Tues, March 12: 1:00 p.m. @ Spencer, Clay County Regional Events Ctr., (800 W. 18th Street)

Tues. March 12: 7:00 p.m. @ West Bend Park View Inn, (13 4th St NE)

Thurs, March 14: 1:00 p.m. @ Belmond City Hall, (112 2nd Ave NE)

Thurs, March 14: 7:00 p.m. @ Britt City Hall, (170 Main Ave)

Friday, March 15: 1:00 p.m. @ Algona Knights of Columbus Hall, (1501 East Walnut)

We also invite you to visit our Preferred Stock information page at www.MaxYieldCooperative.com/preferredstock.

Join MaxYield Cooperative by investing in farmers and families – a simple, solid choice for a better, brighter future for everyone.

Sincerely,

Howard Haas, President                     Keith Heim, CEO

 

This is not an offer to sell or a solicitation of any offer to buy Class A preferred stock issued by MaxYield Cooperative.   Offers are made only by disclosure statement and other offering materials. No commission or other compensation is being paid to brokers or sales agents related to this offering.   

Goal: To Consistently Raise 300-Bushel Corn

Peter Bixel, SciMax SolutionsBy Peter Bixel, SciMax Solutions Team Leader

Farmers throughout history have raised corn yielding 300 bushels per acre (bu/A). In 1985, Illinois farmer Herman Warsaw produced corn yields of 370 bu/A. Warsaw spent years working toward his goal. He patiently built up soil nutrition and tilth for better plant health.

So what do we need to do to raise 300-bushel corn? Like Warsaw, we must commit to plan. Our plan must involve soil fertility, which takes into account nitrogen and micronutrients. Weather dictates when nitrogen (N) can be applied, its availability to the plant and its usability by the crop.

Nitrogen loss can occur immediately after application, and leaching can occur after N has been incorporated into the soil. That’s why renowned corn yield researcher Fred below uses a stabilizer when applying his nitrogen. His fertility program also includes aggressive rates of Phosphorus (P) and Potassium (K) to push for higher yields. Potassium is very important but is often lacking, especially in a drought year like 2012.

“As growers, we need to look at agronomy first. It’s important to build a good database for each field, understand interactions of nutrients and use the tools to apply the agronomy,” said Ron Olson, who was one of the first consultants nationwide to use GPS/GIS tools to assist farmers in managing Precision Ag databases. From 1974 to 1996, Ron owned an independent agronomic consulting company based in Illinois.

Today Ron serves as Research and Development Manager – New Products for the Mosaic Company. During a recent presentation in Des Moines to SciMax Solutions clients, Ron admitted that a lot of work must be done to consistently achieve 300-bushel corn yields. However, he says taking incremental steps will lead to higher yields overall.

Nutrient management is key to increasing yield, according to research done in cooperation with Dr. Below and the University of Illinois. This research uses “omission plots” that compare corn both with and without fertilizer, fungicide, insecticide and seed treatments. While yields increase with each of these additions, fertility has the most impact.

In addition nutrient management, other factors influence yield. Click here to see Dr. Below’s 7 Wonders of the Corn World, which are the seven factors that have the most influence on yield.

This story was first posted to Latham Hi-Tech Seeds blog…www.FromTheField.com.

How was your Monday?

Did you have a case of the Monday’s this morning? Need a little “liquid motivation” to start your day?

Wake up with breakfast, pastries and a hot cup of awesome coffee at our West Bend Cenex convenience store.

Need a little reminder about all the great reasons to stop by? Follow the West Bend Cenex team on Twitter @WestBendCenex for specials and updates on what’s new in the deli!

 

 

MaxYield Supports Ag in the Classroom

Mike Corley Kipp FehrMaxYield Cooperative recently presented a check to the Iowa Farm Bureau in the amount of $500.

The contribution was in support of the “Ag in the Classroom” curriculum for the Emmetsburg community school system.

North Central Iowa Ag in the Classroom educates children in seven Iowa counties about the importance of agriculture.

Through the support of MaxYield and other businesses, this program was offered for the first time in the Emmetsburg school. Officials with the program are making plans to expand the curriculum to other Palo Alto schools in the future.

MaxYield’s Mike Corley, left, presented the contribution to Kipp Fehr, Palo Alto County Farm Bureau president.

More information about MaxYield Cooperative is available at www.MaxYield Cooperative.com.

 

MaxYield & Land O’Lakes Pay Heroes Air Fare

DSC_0021 compMaxYield Cooperative presented a check from the Land O’Lakes Foundation on Friday, February 15th to the Hunting with Heroes group based in Lakota, IA. The check from Land O’Lakes Foundation matches a prior contribution from MaxYield.

Sheryll Denney, team leader at MaxYield’s Lakota location made the presentation to event organizer Bernie Becker on February 15th.

Hunting with Heroes, held annually in November, brings wounded Marines from Camp Lejeune in North Carolina to the Lakota area for a weekend of hunting and fellowship. The event concludes with a banquet honoring the Marines.

The funds from Land O’Lakes Foundation and MaxYield Cooperative will be used to purchase air travel tickets to bring the wounded soldiers to Iowa for the event.

MaxYield has been a proud sponsor of the event since its inception in 2011.

Land O’Lakes makes donations which impact communities where their members, employees, plants, and facilities are located.

MaxYield Supports North Union Breast Cancer Awareness Event

image compMaxYield recently presented a check to the North Union High School for $450.

When the school recently reorganized to become the North Union Warriors, there wasn’t enough money in the budget to purchase new uniforms for their annual “Pink Out” game. The game and other events are held annually to raise money for breast cancer awareness charities.

Presenting the check was Sheryll Denney, team leader at MaxYield’s Lakota office, to event organizers Chuck Ingalls, left, and North Union basketball team member Collete Haag.

Both Ingalls and Haag helped spearhead the effort to raise money for the new pink uniforms and the fundraising events. Way to go! We were proud to lend a helping hand.

Look for more on this story in the next issue of My Solutions magazine, and right here at FromTheField.com.

MaxYield Offices Closed President’s Day – Feb. 18th

REMINDER: MaxYield offices and grain delivery locations will be closed February 18th for the President’s Day holiday.

All locations will reopen to their regular office hours on Tuesday, February 19th.

The Green Plains Renewable Energy Ethanol plant at Lakota will, however, be open February 18th for grain deliveries.

Hawkeye Pride feed mill at Corwith will also be open February 18th for grain deliveries.

 

 

Why are there no new ag chemicals on the market?

MaxYield’s Tom Winkel sends along the following thought from a meeting he was at recently. Answer to the “why are there no new ag chemicals on the market?” is attributed to Mike Owen from Iowa State University.

 

If you (as a bio-chemist) had a brilliant idea to develop this new “Silver Bullet” product, it would take about $300 million of investor’s capital for research and development. And along the way you would have to jump through an enormous number of government regulations and hurdles.

It would still take 8-10 years before that new product could hit the market. That might help explain the lull in new products.

Sooo…we find ways to mix and rotate current herbicides and tweak formulas to help control weeds and weed resistance.

 

Hobarton Corn Delivery Hours

Hobarton will be open the rest of the week (till February 15th) from 7:30 a.m. – 5:00 p.m.

Contact our team at Hobarton for more information. Thank you for your business!

MaxYield, SciMax Solutions Welcome Coach Paul Rhoads

SciMax Solutions and Paul Rhoads

The SciMax team (left to right) of Rachel Norby, Eric Goodman, Peter Bixel, Rodney Legleiter, and Janie Imming, join head coach Paul Rhoads.

MaxYield Cooperative and SciMax Solutions were pleased to host Iowa State head football coach Paul Rhoads today for their annual Learning Seminar in Des Moines.

Coach Rhoads was the keynote speaker of the event, discussing leadership topics that applied to both the football field and the agricultural field.

Mr. Rhoads concluded his remarks by discussing the three building blocks he has used to build Iowa State’s football program and how he felt they applied to picking the right partners to increase farmers production and profit. Those building blocks consisted of being SMART, being ACCOUNTABLE, and TRUSTING those that are coaching you.

Thank you to Coach Rhoads for setting the tone for a great educational session for our team and clients!

More information about SciMax Solutions is available at www.SciMaxSolutions.com