June 2019 Newsletter

Jun 01, 2019

Farmer Cooperative 2019


Farmers Cooperative will add additional storage this year. New 400,000 bushel metal bins in Milligan and Lushton add to the current Behlen bin sites already in place. A new 500,000 bushel bin and 15,000 bushel leg will be built at our Emerald location near Lincoln. This will be used for corn space in the area. Also, a 500,000 bushel concrete tube has been added in Burchard next to the one built last year. At Odell, we add a 600,000 bushel concrete tube, feeding it off existing legs and bins that were already there. With the wet spring, we are running a little behind but hope to have it all ready for fall harvest. The need to update and improve older plants will continue. A new bulk fuel storage facility is being finished in Daykin. Our feed mill at Beatrice South and Jansen are going through some updating over the spring and summer months. Our goal is to update them, be more efficient in our processing of making feed and clean up some old spouting and legs, in addition to adding to the machinery.


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May 01, 2023

Fiscal year 21/22 proved to be one for the record books for your company. Record volumes of grain were handled as a result of the largest harvest handle to date during the fall of 2021. Along with extreme volatility for all commodities, this provided many opportunities for your company. Record prices for both grain and inputs were also experienced in 2022 as the Russia/Ukraine war shifted demand around the world for grains and fertilizers. As the war progressed and sanctions were put on by both sides, Euro Gas jumped to nearly $100/MMBtu, forcing nitrogen manufacturing facilities in Europe to shut down, allowing U.S. nitrogen producers to export to Europe keeping domestic prices in the U.S. firm. Thankfully Europe has had a mild winter this year with only five days having recorded temperatures below freezing so far, bringing gas prices back down, thus causing fertilizer prices to soften as most European nitrogen manufacturers are again producing products.

Oct 15, 2022
It is hard to believe we are down to a little over a quarter of 2022 left. It will certainly go down as one of the most volatile when it comes to price action in the commodities we buy and sell. From record input prices to grain prices, 2022 has been one for the ages.
Mar 31, 2022
2021 will go down in the record books for a lot of things – one could be for the greatest number of times we’ve said, “we’ve seen this before.”