September 15, 2019

MaxYield Cooperative Contributes Funds towards Dickinson County 4-H Membership Dues

Hannah Brockshus, Dickinson County Extension youth coordinator, recently accepted a contribution from MaxYield Cooperative that will decrease the cost of 4-H for members in the county.

MaxYield Cooperative recently contributed $1330 towards the membership dues for Dickinson County 4-H members. The check was presented to Hannah Brockshus, county youth coordinator, on September 6th. The funds will pay $10 of the $35 state dues for 4-H members in the county. This membership not only allows students to showcase and compete with their projects at the Dickinson County Fair and Iowa State Fair, it also provides them with opportunities to participate in conferences, workshops, and community service.

“We are thrilled to continue our support of local 4-H,” said Chad Meyer, MaxYield client relations/communications leader. “We want to make 4-H an affordable youth program for local families, especially families that have multiple children enrolled. Also, by paying a portion of each 4-H member’s enrollment fee, we are able to continue our mission of supporting 4-H so that each member benefits.”

The cooperative contributes nearly $13,000 to 4-H in seven Iowa counties annually.

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

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 25 locations and three Cenex convenience stores in Iowa. MaxYield also provides grain origination and accounting services for three Iowa feed mills. For more information, visit MaxYield online at www.MaxYieldCoop.com and www.FromTheField.com.

MaxYield Cooperative Contributes Funds towards Palo Alto County 4-H Membership Dues

Chad Meyer, client relations/communications leader at MaxYield Cooperative, presents Julie Naig, Palo Alto County Extension youth coordinator a contribution that will decrease the cost of 4-H for members in the county.

MaxYield Cooperative recently made a contribution of $1470 towards the membership dues for all Palo Alto County 4-H members. The check, presented to Julie Naig, county youth coordinator, on September 6th will pay $10 of the $35 state dues for 4-H members in the county. This membership not only allows students to showcase and compete with their projects at the Palo Alto County Fair and Iowa State Fair, it also provides them with opportunities to participate in conferences, workshops, and community service.

“We are thrilled to continue our support of local 4-H,” said Chad Meyer, MaxYield client relations/communications leader. “We want to make 4-H an affordable youth program for local families, especially families that have multiple children enrolled. Also, by paying a portion of each 4-H member’s enrollment fee, we are able to continue our mission of supporting 4-H so that each member benefits.”

The cooperative contributes nearly $13,000 to 4-H in seven Iowa counties annually.

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

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 25 locations and three Cenex convenience stores in Iowa. MaxYield also provides grain origination and accounting services for three Iowa feed mills. For more information, visit MaxYield online at www.MaxYieldCoop.com and www.FromTheField.com.

MaxYield Cooperative Announces Positive Fiscal 2019 Results

WEST BEND, IA, – MaxYield Cooperative® recently announced its fiscal results, for the year ending July 31, 2019. The board of directors for MaxYield reviewed and approved the financial audit at their board meeting, held August 22.

MaxYield CEO Keith Heim stated that the cooperative had positive local and total savings to report. “The recently completed fiscal year had reduced corn and soybean bushels in the fall of 2018, compared to recent years and reduced grain drying revenue. That said, the reduced bushels and drying revenue were more than offset by strong margins in most all product areas and disciplined expense control across the cooperative.”

In addition to recent upgrades in Algona and Greenville, MaxYield recently announced the board of director’s approval to build new grain storage in Belmond and Britt in 2020, with each of the bins totaling 725,000 bushels. Heim went on to say that MaxYield’s board of directors continues to place strong emphasis on upgrading and improving facilities, equipment and rolling stock.

MaxYield Cooperative’s Local Savings from Operations for the 2018-2019 fiscal year were $1,790,071 and pre-tax Total Savings for the cooperative totaled $7.4 million.

Heim said that the cooperative’s balance sheet remains very strong. “We continue to build our already solid balance sheet. Term debt was reduced by over $4.8 million, member’s equity increased and we added $2.5 million to working capital in 2019, which is up by over $5.5 million over the past two fiscal years. MaxYield also increased retained savings, which now totals nearly $59 million. In 1997, retained savings at MaxYield were ($122,242), so you can see we continue to make significant progress in strengthening the financial position of MaxYield. Retained savings is a good benchmark putting into perspective the financial improvements here over the past 22 years,” he added.

The cooperative’s annual meeting is December 12, 2019 at 10:00 a.m. at the Kossuth County Ag & Motorsports Museum, located in Algona, IA.

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 25 locations and three Cenex convenience stores in Iowa. MaxYield also provides grain origination and accounting services for three Iowa feed mills. For more information, visit MaxYield online at www.MaxYieldCoop.com and www.FromTheField.com.

 

 

 

Temporary Grain Storage Added to Whittemore

MaxYield’s Whittemore grain receiving location constructed additional grain storage capacity in the form of this bunker that was installed recently west of the office.

The bunker, which was formerly installed at MaxYield’s Garner location and was not being used, will hold an estimated 325,000 bushels of corn this fall.

Most recent harvests at Whittemore have seen that location pile grain on the ground to accommodate the grain delivery needs of area members and clients. The Whittemore location has also seen an increase in corn demand usage due to our partnership with a local feed mill.

With the installation of this bunker, MaxYield will be able to hold more bushels this fall during harvest and while also ensure better grain quality when the grain is brought back under roof.

Open House – MaxYield Feed

You are invited to join us on Thursday, August 29th from 11:00 a.m. – 1:00 p.m. for MaxYield Feed’s open house in Garner!

  • What: MaxYield Feed Open House & Appreciation Meal
  • When: Thursday, August 29th,2019
  • Time: 11:00-1:00
  • Where: MaxYield Office, Garner, IA
  • Who: All current and potential feed clients
  • Why: To Show Appreciation & To Exhibit products on hand

Bacon cheese burgers, beans, chips, pop, and cookies will be served.

For any questions please contact the Garner MaxYield Office @ 641-923-2695 or Eric Malek @ 515-341-1230

MaxYield Board of Directors approve grain storage expansion in Britt, Belmond

MaxYield’s board of directors recently approved the construction of two grain storage bins, one in Britt and one in Belmond. The new bins will each hold 725,000 bushels of grain, similar to the bins shown in this photo.

The MaxYield Cooperative board of directors has approved the construction of additional grain storage at two MaxYield locations. The grain bins, which are set to be completed during the cooperative’s fiscal year 2020, will each be 105’ in diameter and will each hold 725,000 bushels of grain. One of the new grain bins will be constructed at MaxYield’s location in Britt and one will be constructed at the cooperative’s location in Belmond.

Site preparation for the expansion at each location is expected to be completed this fall, with an expected project completion in time for harvest in the fall of 2020. Keith Heim, CEO, is excited about the approved expansion. “I am pleased to announce that the MaxYield Board of Directors approved moving forward with the addition of two grain bin storage projects. Our strong balance sheet, arguably the best in our history, allows us to continue our commitment to upgrading our facilities and equipment at MaxYield Cooperative.”

These projects are in the early stages of development at this time. More details will be shared as they become available by the cooperative.

 

MaxYield Cooperative is a local, diversified 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.MaxYieldCoop.com and www.FromTheField.com.

MaxYield Partners with Corteva Agriscience to support Night of 1000 Stars

Ricky Thornton Jr. championed the night in the IMCA Modified feature.

MaxYield Cooperative was proud to partner with Corteva Agriscience for the annual Night of 1000 Stars race at the Hancock County Speedway in Britt, Iowa on August 8th, 2019. The pair sponsored the first 100 IMCA Sport Mod/Modified driver’s pit passes for the night. MaxYield Cooperative appreciates all 129 drivers who made the trek to Britt and put on a show for what looked to be a near sell-out crowd!

Congratulations to Ricky Thornton Jr., who took home the $3500 IMCA Modified win, and all the feature winners from the night! The full press release from IMCA can be read by clicking here.

Standard Nutrition & MaxYield Announce Joint Venture

MaxYield is excited to announce that we have formed a joint venture with Standard Nutrition at their feed mill in Waverly, IA, which is the former Schneider Milling location. The following letter was sent recently to clients of the Waverly feed mill. More details will be forthcoming in the near future. Do not hesitate to contact Ben Buie or Mick Hoover at MaxYield at 515-200-5115 with questions.

Standard Nutrition at Waverly, IA and MaxYield Cooperative Announce
Grain Purchasing Joint Venture

August 1, 2019

Dear Valued Standard Nutrition Grain Client:

We are excited to announce that MaxYield Cooperative and Standard Nutrition have entered into a grain purchasing and risk management joint venture. Effective August 1, 2019, MaxYield Cooperative will be handling the grain purchasing, grain accounting and risk management at Standard Nutrition’s feed mill, the former Schneider Milling location east of Waverly, IA (3601 E. Bremer Ave).

Since 1995, MaxYield has provided grain procurement and risk management services to feed mills and grain end-users in the Midwest, including Kerber Milling/Standard Nutrition in Emmetsburg, IA and the Hawkeye Pride poultry feed mill near Corwith, IA.

Headquartered in West Bend, Iowa, MaxYield Cooperative is a local farmer-owned, diversified cooperative founded in 1915. We have 24 locations and 3 Cenex convenience stores that serve members and clients in Iowa and southern Minnesota. We invite you to learn more about our cooperative at www.MaxYieldCoop.com and www.FromTheField.com. Cash grain bids for the Waverly feed mill are posted to www.maxyieldgrain.com/corn-bids.

We look forward to providing your grain marketing solutions in Waverly, including cash grain marketing options, firm offer programs, off-farm trucking solutions and innovative grain contracts and risk management strategies.

It is also important to note that ALL existing grain contracts and financial terms at Standard Nutrition in Waverly will be honored by MaxYield Cooperative after August 1.

Thank you for your past grain business with the Waverly feed mill. We are excited to get to know you and provide solutions that benefit your farming operation.

More information about this transition and the solutions we offer will be provided soon. In the meantime, do not hesitate to contact Ben Buie, grain team leader at 515-200-5115, bbuie@maxyieldgrain.com or Mick Hoover, risk management team leader at 515-200-5115, mhoover@maxyieldgrain.com for more information about MaxYield, our bids, grain contracts and risk management programs.

Sincerely,

Ben Buie
Grain Team Leader

Tricia Reichert : Getting something ‘extra’ out of her summer with an externship experience

When you think of summer team members at MaxYield Cooperative, college interns may be the first thing that comes to mind, but employment learning experiences aren’t just for students. Tricia Reichert, a science teacher at Emmetsburg High School, is finding her own way to learn in the summer and is participating in the Iowa STEM Teacher Externships Program. According to the Governor’s Stem Advisory Council, the Iowa STEM Teacher Externships Program features “full-time, six-week temporary summer positions in local businesses and agencies for secondary teachers of mathematics, science and/or technology… During the summer, educators work side-by-side with knowledgeable and skilled industry employees who help bring the classroom curriculum to life. Teacher Externships provide educators with the exposure to answer questions about real-world application, prepare students for careers they may have in the future, and improve educational experiences.” Tricia selected MaxYield Cooperative as her workplace, serving as the company’s first extern.

As a part of her extern experience, Tricia has written a blog each week about what she is doing, seeing, and learning at MaxYield. Here are excerpts from each of her blogs:

Week 1: “My biggest takeaway of the week has been that education and “the real” workplace share many commonalities. Whereas I am looking for student engagement and academic growth in the classroom, MaxYield is currently very focused on Agronomy interns who are willing to learn to be productive members of the MaxYield team who then ultimately remain with the company. As a classroom teacher, I have seen a shift in the work ethic of my students and it seems this is a trend has also been felt in the work place as well. One of my main tasks this summer is to brainstorm how MaxYield can better recruit and retain the young interns. How can I as a classroom teacher better prepare students of today to be well-qualified MaxYield team members of tomorrow?”

Week 2: “My second week at MaxYield Cooperative has certainly continued to offer a variety of experiences each day. I spent time in the Britt area with team member, Rodney Legleiter who is a SciMax Solutions Specialist. He showed me the process of soil and tissue sampling and mailing them to their respective labs for analysis. I was amazed at his ability to juggle a visiting extern, agronomy interns, changing weather and field conditions, sampling routes, and unexpected client visits and phone calls. The vast number of variables that he must take into account was almost overwhelming. It was clear by the way Rodney paused everything to respond with 110% focus on the client’s questions and requests that he epitomizes the MaxYield philosophy of “solutions provider.” He also shared with me some challenges he has had with this year’s young agronomy interns. It seems some are having a hard time reporting to work on time, completing duties as assigned in an efficient manner and even complaining to their supervisor. This led to a meeting where we examined the strengths of the current MaxYield Cooperative Internship Program and brainstormed about how to improve it in light of the evolving intern work ethic. I very much appreciated being asked to participate in this process and felt I contributed to the discussion.”

Week 3: “Weed 3 brought the realities of the need for ongoing education. I attended… meetings this week that exemplified MaxYield’s commitment to ongoing employee education. The need for continued learning very much stood out to me this week. So many of our students believe that once they graduate from school they will never need to learn anything. We must realign their thinking!.. The first one was presented by Patti Guenther, Learning & Development Leader, on the topic of “Crucial Conversations: Pairing Impact with Intention.” At her request, I had the opportunity a couple of weeks ago of working with Patti on this presentation. She was not trained as a teacher, but often presents in her role here at MaxYield Cooperative and was receptive to feedback. It was fun to share some teaching strategies with her and then to see that she actually incorporated them into her presentation! During this two-hour training session, the Team Leaders were taught how to more effectively communicate with their employees.”

Week 4: “A few events really struck me this week. The first one is the “all hands on deck” experience as this Emmetsburg MaxYield Cooperative Location prepares to host a Client Appreciation BBQ. It has been a fun team-building experience to see everyone pitching in and doing things that are not their normal “duties as assigned”. I volunteered to mow the location’s green spaces and it was a long, hot, sticky, FUN day. It was good to see the results of my hard work at the end of the day. We don’t always get that satisfaction as teachers. Another take away was the realization of how important phone apps are in the workplace. To date I’ve seen multiple task specific phone apps being used in agronomy. There is a tremendous opportunity for more apps to be developed for use in the workplace as well. We as teachers need to stop taking smart phones away from students and instead give them meaningful tasks to use them in the classroom.”

Week 5: “As a teacher, I can come up with numerous ways I would like to see business get involved in the classroom, but there are obstacles. When I have several sections of Biology, for example it is very difficult to ask a guest speaker to give up an entire day to speak to all of the classes spread throughout the day. When class periods are only 42 minutes, it becomes a logistical nightmare to take the students on a meaningful field trip even if it is nearby. I think the use of Project Based Learning activities that have authentic real world connections will be the best solution. Chris Warren and Shelby Wagner both of MaxYield Cooperative have helped to provide me with actual field soil maps and other resources I have used to create my Project Based Learning activity for the classroom. Perhaps we could use skype or some other technology for a quick and easy “virtual field trip” to the farmer’s field.”

Through her experience, Tricia has provided us with plentiful, useful feedback on how to better connect MaxYield to the classroom. We appreciate all of Tricia’s hard work and insights throughout her time with us and thank her for a great summer!

Logue finds answers, $2,500 feature win at MaxYield Seed SportMod Nationals

Johnathon Logue won the IMCA MaxYield Seed SportMod Nationals for a second time on June 25, earning $2,500 for the main event victory. Pictured with Logue is Matt Keel, MaxYield Seed’s Solutions Specialist in the East Region.

By Bill Martin, IMCA

BRITT, Iowa (June 25) – One win in his first 19 starts of the season had Johnathon Logue looking for answers.

He found them Tuesday night at Hancock County Speedway’s MaxYield Seed SportMod Nationals.

Logue won his heat, the dash and the Karl Kustoms Northern SportMod main event, earning $2,700 in all for his efforts.

“My car was very, very good,” said Logue, whose one previous victory this year had also been at Britt, on June 7. “It seems like we’ve been on the trouble bus with it all season. To be able to run as well as we did made it a fun night.”

Brayton Carter, Jared Boumeester, Jake McBirnie and Jim Chisholm completed the top five across the stripe in the $2,500 to win feature. Forty-seven drivers from five states were entered.

“So many good drivers come to this event every year. I’ve always loved coming up here,” said Logue, also the SportMod Nationals winner in 2016. “The amount of talent in this division is unbelievable.”

Logue pocketed $200 for winning the DeKalb Asgrow dash, earning the pole start in the main event as well.

After cautions on laps two and four, the rest of the 30-lap feature ran green.

“Jared (Boumeester) challenged on lap 10 and that told me I’d better step up my game,” Logue said. “I wasn’t sure who was moving through the field but the laps really clicked off. It felt like we got to halfway, then I was taking the white flag.”

“I thought ‘Holy cow, we’re going to win this thing.’ I just made sure I hit my marks on the last lap.”

Logue’s lead was scored at two seconds with five laps left and at just more than a second and a half at the finish.

Jamie Anderson started last in the field of 24, finished 12th and earned the $100 LG Seeds hard charger award,

Austin Wolf was the IMCA Modified winner. Kelly Shryock paced the IMCA Sunoco Stock Cars and Drew Barglof won the IMCA Sunoco Hobby Stock main.

The MaxYield Seed SportMod Nationals had been postponed a week because of inclement weather.

Feature results – 1. Johnathon Logue; 2. Brayton Carter; 3. Jared Boumeester; 4. Jake McBirnie; 5. Jim Chisholm; 6. Doug Smith; 7. Colby Fett; 8. Cody Thompson; 9. Nate Whitehurst; 10. George Nordman; 11. Doug Cook; 12. Jamie Anderson; 13. Josh Appel; 14. Dallas Nutt; 15. Jake Sachau; 16. Cam Reimers; 17. Alec Fett; 18. Carter VanDenBerg; 19. Matt Looft; 20. Jeff Carter; 21. Mathew Hanson; 22. Ronald Hults; 23. Carter Shumski; 24. Dakota Sproul.