News & Updates


EXPERT VIEW: Market Update

By Pat Jeanes, Product Procurement and Risk Management

Traders seem to be tired of the hype about the China-US trade talks and want to see the agreement done before they buy into all the hype. The trade agreement will not make the US the best buy for China with Brazil and Argentina having a freight advantage. The weather is looking drier for parts of the areas east of the Mississippi where soils are saturated. The US can plant over 50% of the crop in 10-14 days. The markets start to trend higher after Easter with funds taking profits from short positions. Happy Easter to you and your families.

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EXPERT VIEW: Market Update 4/5/19

By Pat Jeanes, Product Procurement and Risk Management

Trade negotiations with China seem to be moving along but traders waiting for confirmation. South America still has a 7.00—8.00 advantage to the US to China before any tariffs. If I were a betting man I would think that China will buy the majority where they are cheaper. Watch the weather to see if it stays wet in the Midwest; the next 2 weeks it could impact prices. It feels like weather could have an impact this year with mother nature taking care of the surpluses.

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EXPERT VIEW: Market Update 3/8/19

By Pat Jeanes, Product Procurement and Risk Management

The USDA ending stocks report showing that ending stocks for corn, beans and wheat continue to grow. The next big report is the planting intentions on Mar 29th and will show if farmers plant more corn than beans. The fund dollars will stay sold in the market until they see a positive. No news on the China – US trade deal keeping markets down. The only positive I see for now would be slow planting in the spring from too much snow this winter.

 

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EXPERT VIEW: Market Update 2/25/19

By Pat Jeanes, Product Procurement and Risk Management

A trade deal is very close with China and there is talk that the agricultural piece is done. China would do 30 billion in agriculture trade with the US. Wheat, beans, corn meal, ethanol and distillers were just a few of the commodities listed. We could see higher new crop corn prices and lower new crop bean prices as the board tries to attract more corn acres for the spring. Planting delays with the harsh winter would be price friendly. South American harvest is ahead of normal pace and yields in Brazil are lower, but Argentina will more than cover their shortage. The next USDA supply and demand is Mar 8th and then planting intentions on Mar 29th.

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EXPERT VIEW: Market Update 1/25/19

By Pat Jeanes, Product Procurement and Risk Management

Corn and meal markets feel like they are on a bubble that goes up and down with any rumor or speculation about the trade war with China. The government shut down makes it hard to verify any sales that are made. Trade talks scheduled for next week will hopefully lay a foundation for a settlement before the Mar 1st deadline. USDA planting intentions is Mar 29th and if the shutdown continues this date could be rescheduled. Private estimates have farmers planting more corn than beans. Weather problems in Brazil and Argentina need to be watched with harvest in Brazil just  starting. Trade talks are the major market director right now.

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UNITED COOPERATIVE ACQUIRES WS AG CENTER DARLINGTON

United Cooperative President & CEO, David Cramer, announces the acquisition of the assets at WS Ag Center: Darlington & Cuba City, Wisc.

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EXPERT VIEW: Market Update 12/17

By Pat Jeanes, Product Procurement and Risk Management

The trade war with China is huge and how the negotiations move forward will determine where prices head. China needs beans before mar when the South American crop will be ready. Brazil had their beans planted 5-6 weeks early this spring and with normal growing conditions will make their supplies available earlier than normal. Argentina is off to a better season than they had last year. A big crop in South America will add to the huge world bean supplies. African swine flu in China continues to grow and could cut their meal usage. The United Cooperative feed division wishes a Merry Christmas and Happy New Year to you and your families.

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What's new in seed at United Cooperative

With the increase in glyphosate-resistant waterhemp across Wisconsin United Cooperative has decided to expand its seed offerings.

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Manage fuel price risk with an offer-to-purchase contract and Peace of Mind with LubeScan® Oil Analysis

By Bill Herbst, Vice President-Energy

Manage fuel price risk with an offer-to-purchase contract

When your business is powered by bulk refined fuels - farming, construction or trucking, the cost of fuel can make or break profitability. The best fuel prices are negotiated far in advance, through fuel contracts. Manage your fuel price risk by starting out with an “offer to purchase” contract from United Cooperative. 

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Baby it's cold outside...

By Eric Onan, Northern Feed Sales Manager

With snow in late April, early November snow and cold, it barely even seems like we had a summer. When you are putting on more layers of clothes to head out and feed the calves, remember your calves are feeling it, too. Calves under three weeks of age begin to experience cold stress when the ambient temperature dips below 60° Fahrenheit. Calves typically have very little body reserves and a large surface area making them very susceptible to cold stress, which can have a drastic effect on calf growth and performance in the colder months.

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