December 9, 2019

Archives for January 2018

Superior City Park Project Receives Contribution from MaxYield

MaxYield Cooperative recently presented the City of Superior with a contribution of $1000. The funds will be used to help complete the recent city park improvement project, which brought new playground equipment to the park.

Presenting the contribution to City of Superior Mayor Julie Nelson was MaxYield’s Mike Smith.

MaxYield also presented the city matching funds totaling $1000 from the Land O’Lakes Foundation. Land O’Lakes Foundation helps rural communities prosper and prepare for tomorrow by donating resources that develop and strengthen organizations dedicated to Hunger, Education and Community. Since 1997, the Foundation has awarded millions of dollars in grants through a variety of giving programs.

MaxYield Cooperative is a local farmer-owned cooperative serving members and clients in Iowa, and southern Minnesota. Founded in 1915, MaxYield Cooperative is headquartered in West Bend, Iowa. More information about the cooperative can be found online at www.MaxYieldCooperative.com and www.FromTheField.com.

 

 

 

Master Now to Market Later

Join Hancock and Winnebago County Extension and Outreach, along with guest speaker Angie Setzer, to talk about marketing grain! Lean marketing strategies, principles, and risk management as part of an operation full marketing plan. At the end of the four-week course, you will walk away with your own personalized grain marketing strategy. This is also a great opportunity to network with other farmers in ag business.

4 Sessions

Cost:      $40.00 singles
$60.00 couples

February 6
February 13
February 20
February 27

 

6:00 p.m.
Waldorf University Ballroom in Salverson Hall
Forest City, IA

Registration Deadline: January 26

Call your County Extension Office:
Hancock County: 641-923-2856
Winnebago County: 641-584-2261

MaxYield Decreases Cost of 4-H Membership in Kossuth County

Darcie Kramer, Kossuth County Extension program coordinator and office manager, accepts a contribution from MaxYield that will decrease the cost of 4-H membership.

MaxYield Cooperative recently presented Kossuth County Extension and Outreach with a contribution aimed at decreasing the cost of enrollment in 4-H youth programs.

“We are continuing our support of local 4-H and commitment to our youth,” said Chad Meyer, MaxYield Client Relations Director. “Recently, we presented a contribution for $10.00 per 4-H member in order to decrease the cost of 4-H membership.”

Meyer said the cooperative has two goals in providing the program. “First, we want to make 4-H an affordable youth program for local families, especially families that have multiple children enrolled. Secondly, by paying a portion of each 4-H member’s enrollment fee, we are able to continue our mission in supporting 4-H so that each member benefits.”

The cooperative contributed nearly $2600 to Kossuth County Extension and Outreach and will contribute more than $18,000 to 4-H in seven Iowa counties annually.

“We believe that 4-H is one of the cornerstones in developing youth and 4-H provides an excellent foundation to build strong families. 4-H also provides a great way for young people to learn more about agriculture and its exciting future,” commented Meyer.

About MaxYield Cooperative

MaxYield Cooperative is a member-owned, diversified agricultural cooperative founded in 1915 and is headquartered in West Bend, IA. The cooperative has 24 locations and three Cenex convenience stores in Iowa. MaxYield also provides grain origination and accounting services for two Iowa feed mills. For more information, visit MaxYield online at www.MaxYieldCoop.com and www.FromTheField.com.

 

Does Premium Diesel Fuel Pay?

With today’s high-tech engines and ever-tightening fuel specifications, it’s more important than ever to run premium diesel fuel. Still, some people stick with #2 diesel because it’s cheaper.

You’ve probably heard us talk about the many advantages of Cenex® fuels like Ruby FieldMaster® and RoadMaster®, which offer the best premium fuel package available. Maybe you’ve seen the advertisements that claim how these fuels can boost fuel mileage by 4 to 5 percent.

With clever marketing, however, a company can promise anything about a product. “That’s why we decided to put these fuels to the test with our own trucks,” said Chad Besch, energy team leader at MaxYield Cooperative. “We wanted to conduct our own real-life fuel mileage test to find out whether it pays to use premium diesel.”

The results even surprised us

The test was conducted in the summer months. MaxYield worked with Steve Leman, an experienced fuel-transport driver who is one of the most detailoriented members of MaxYield’s transportation team.

The test with Leman’s semi-tractor and trailer included six weeks of running regular #2 diesel, followed by six weeks of running Cenex RoadMaster premium diesel. “We didn’t stop there, though,” Besch said. “We switched to another truck with Steve as the driver and conducted the same experiment.”

It turns out that the advertisements’ fuel mileage claims for RoadMaster premium diesel were not only accurate, but conservative. “The literature talks about a 4 to 5 percent boost in fuel mileage with Cenex premium diesel fuels,” Besch said. “Steve consistently saw a 6 to 7 percent increase.”

If fuel is $2.50 per gallon, a 5 to 6 percent increase in fuel mileage is like saving 15 cents per gallon, Besch added. “Paying a nickel to save 15 cents means the odds are in your favor.”

Less expensive #2 diesel might not be such a bargain after all. “After conducting our own test, we’re convinced that Cenex premium diesel fuels are the real deal,” Besch said.

Want to learn more about energy solutions from MaxYield, including Cenex premium diesel? Contact your route delivery driver, or call MaxYield’s Energy Central at 866-711-7282.

 

Corn is King in Kossuth County

By Karl Setzer, Risk Management Team Leader

There is an old adage in the market that “corn is king,” and nothing could be more true for Kossuth County. Corn production in Kossuth County has been on a steady incline for the past several years, and shows no signs of slowing down.

In 1997, farmers in Kossuth County seeded 299,000 acres of corn. The average yield that year was 147.2 bushels per acre for a country production figure of 44 million bushels. Within twenty years this yield grew considerably. By 2016 the average county yield had grown to 204.7 bushels on 334,000 acres according to Farm Service Agency and U.S.D.A. data. This gave the country a production figure of 68.4 million bushels of corn.

The real noticeable increase in corn yield and production came in the early 2000’s. In the year 2001 the county corn yield was 138 bushels for an average. Just a year later this average jumped to 171 bushels per acre. Even in the drought year of 2012 the country yield only decreased to 164.6 bushels as most soils in the country yield better when dry rather than having excess moisture to contend with.

There are several reasons for the steady growth in corn yield. The main one is simple improvements to farming practices as a whole. Today’s farmers are planting much higher quality genetics than just a few years ago. Many of these are able to withstand insect pressure as well as adverse weather. This was proven last year when the corn crop seemed resilient to drought conditions. We have also seen practices such as variable rate fertilizer applications and variable rate seeding, which plant higher populations on parts of fields where yields tend to be higher.

While we have witnessed increases to corn yields and production in the county, more is needed. This is from the fact that demand has grown at a greater pace than production has, causing the country to import corn from other areas. If one would draw a circle with a fifty-mile radius of Algona, corn consumption is nearly 1 million bushels per day. This means country corn production is only a little over a two-month supply.

The big push for corn in the country came in the 1990’s with the expansion of hog production. This was most noticed in the southern half of the country. Within ten years the ethanol boom started, and created a large demand base in the northern half of the country. Since then corn demand has steadily increased in counties surrounding Kossuth, creating even more competition for corn stocks. As a result, corn values in the regions have went from being some of the poorest in the nation to the strongest in just a few short years. This demand has also helped isolate our market from many of the factors that used to impact prices when corn exports were more common.

For more information, you may contact Karl Setzer at 1-800-383-0003, or e-mail at ksetzer@maxyieldgrain.com. The opinions and views expressed in this commentary are solely those of Karl Setzer. Data used in writing this commentary obtained from various sources believed to be accurate. This commentary is intended for informational purposes only and is not intended for developing specific commodity trading strategies. Any and all risk involved with commodity trading should be determined before establishing a futures position.

 

 

MaxYield Cooperative Announces $1000 Agriculture Scholarships

Ag scholarship application 2018

MaxYield Cooperative announced today details of their scholarship program for area college students and graduating high school seniors.  MaxYield will once again offer up to six $1000 scholarships to students who are in pursuit of a degree in agriculture.

“The purpose of the scholarship program is to encourage area youth to pursue and prepare for careers in agriculture.  This program is designed to provide financial assistance for students pursuing higher education in the field of agriculture,” stated Chad Meyer, client relations/communications director for MaxYield.

Applications are available at area high schools, local community colleges, and any MaxYield Cooperative location.  As a part of the application process, students must submit an essay entitled “Why I selected agriculture as my career.”

Meyer continued, “Often, MaxYield is the largest employer in many of our communities.  We feel we have an obligation to provide opportunities for our children to return to our local communities.  This is one avenue by which we can support that goal.”

The deadline to apply is March 1, 2018.

MaxYield Cooperative serves nearly 1700 members in 24 communities, with 212 team members.  For additional information on the MaxYield scholarship program, contact any MaxYield location.

Scholarship applications are also available online at www.MaxYieldCooperative.com/scholarships.