News & Updates


EXPERT VIEW: Market Update 9/24/18

By Pat Jeanes, Product Procurement and Risk Management

Harvest is under way and yields look to be better than what the USDA and Pro Farmer had predicted. The USDA had Illinois pegged at 214 bpa for corn this year. WOW!! We will wait until harvest is in full swing to see if they match up to the USDA. Big crops have the tendency to get bigger. The trade war with China looks like it could drag on for some time. Canada could settle on NAFTA but it won’t be by the end of the month as the president has mandated. There are too many negatives to make the market run away higher for now. 

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EXPERT VIEW: Market Update 9/10/18

By Pat Jeanes, Product Procurement and Risk Management

Sept 12th USDA crop report could show higher yields for corn & beans with bean carryout approaching 450 mmt. The trade war with China has hurt the bean trade with China the largest customer in the world and they have turned to Brazil to cover much of their needs. China is also adding infrastructure into China to help with logistics. Combines starting to run and this could start to swing market direction. Pro Farmer came in with high yields on their crop tour and that is not the norm. Political and economic turmoil in Argentina could turn business back to the US. 

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EXPERT VIEW: Cover Crop Considerations

By Kevin Knudtson, United Cooperative Agronomist

Cover crops are agriculture’s latest buzzword. Farmers are considering cover crops to be good stewards of natural resources and improve soil health. Cover crops can be a part of government programs. To qualify for cost share funds, for example, to build a waterway, you might need to plant a cover crop.

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EXPERT VIEW: R7 tool by Winfield United

United Cooperative is always looking for new ways to maximize your crop yield potential like the R7 tool by Winfield United.

 

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Heating with propane requires summer maintenance

Propane is an excellent energy source for your home - both inside and out. This clean-burning energy gives homeowners the flexibility to live where and how they want. However, because propane is a flammable substance, routine maintenance is important to the safety of you and your family, says Bill Herbst, Vice President of Energy Operations at United Cooperative.

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EXPERT VIEW: Market Update 8/10/18

By Pat Jeanes, Product Procurement and Risk Management

Crop report came out on the high end of trade estimates but are attainable if we get good rains the next 2-3 weeks across the Midwest. Crop yields could increase even more in the next report. China and the US continue with the trade war with more tariffs from both sides. Wheat crops in Europe and Australia off from last year 10 – 20 %. The pro Farmer crop tour will be in Sept and we will watch to see where they peg yields at.

 

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Safe Haven receives funds from United Cooperative

United Cooperative, headquartered at Beaver Dam, recently donated $1,000 to Safe Haven, a Shawano-based domestic abuse and sexual assault support center.

 

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EXPERT VIEW: Market Update 7/23/18

By Pat Jeanes, Product Procurement and Risk Management

The tariff battle with China is huge and sent beans and meal lower when announced but both have bounced back and might have found nearby support until we get thru the weather market. Meal exports are at a 5-year high form the US for June – July with no sales to China. A NAFTA deal needs to get done with Mexico and Canada, two of the biggest customers of US agriculture. It looks like the crop is going to come thru summer OK so up next will be the crop tours at the end of summer. The Aug 10th USDA crop production report will give better market direction than the July report.

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EXPERT VIEW: Continue to Focus on Heat Abatement

By Lizzy French,  PhD, United Cooperative Feed Specialist

As we continue to move through summer months, it is important to review if we are doing all we can to keep our animals safe during these hotter temperatures. Animals under heat stress decrease in dry matter intake, milk production, conception rate, and can calve earlier.

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EXPERT VIEW: How do I increase corn net income?

By Eric Smith, United Cooperative area seed and agronomy specialist

We’ve all been asked, “how do I make more money on my corn?” Sitting here on July 9, my short answer is going to be “make a tassel application of fungicide to your corn crop.”

The VT application has proven to provide a consistent yield and net income return vs other application timings. Fungicides help the plant to withstand drought, disease, and other environmental stresses that all take kernels out of our grain tank.

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