Tuesday
Apr242018

Pam's Perspective - April 2018

Powerball Interviewer: "Congratulations on winning the $140 million dollar Powerball lottery."

Farmer: "Thank you."

Interviewer: "Do you have any special plans for spending all of that money?"

Farmer: "Nope. Not really. I'm just gonna keep farming until the lottery money is all gone." 

But on a more serious note, the month of February did show a spike in the markets so it was nice to see the producer get a higher price for their crops, plus it gave Jory and I a chance to visit with our customers. I enjoy working on the grain side, but I also work with patronage. I have been working on updating those records with more current information. If you know someone on the list, please have them call me at (507)485-3153 or call me with a number where I can reach them or a family member if they are deceased.

Just a reminder, the age for equity payout is 72.  We pay out once a year at annual meeting time (usually later in August) so if you are 72 by June 30, please call so we can get you on the list. 

Birthdates are important for us to have on file as they help us plan our payouts, so if you want to make sure we have yours, please give us a call.

If you have any pictures you would like posted to our website and/or facebook page, please let us know. It is so fun to see our patrons in action!

Have a safe & happy Spring!!
Pam Redetzke

Monday
Apr232018

Grain News - April 2018

Patrons,

I hope everyone had a great winter and you are now gearing up for another planting season.

Before we get into the busy spring/summer season, it would be a good idea to get some target offers in at profitable levels for both old crop and new crop grain. Pam or I will gladly take these orders, so give us a call or stop in anytime.

With all of the discussion caused by the Section 199A “Grain Glitch” we saw a lot of people asking about direct ship in order to capture the tax benefits. I encourage you even now, after the fix to this tax issue, to check with us on all your grain selling needs, including direct ship.

On March 29th we saw the USDA put prospective planting acres at 88 million corn acres and 89 million soybean acres. This is a welcome reduction in planted acres from prior years and expectations as we wade through ample old crop stocks. Demand has been solid so far, and hopefully this is the case moving through the spring and summer.

Just a reminder that the 2017 crop was the final crop year for the Grain/Agronomy Loyalty Program. All qualifying grain will need to be sold by August 31st, 2018 to have the premium applied to the settlement.

Jory Bossuyt, Grain Merchandiser

Grain Team: Pam Redetzke, Nathan Bahn & Johnnie Brandts Jr.

Wednesday
Dec142016

Grain News - December 2016

Patrons,

I hope you had a Happy Thanksgiving and I’d like to wish everyone a Merry Christmas. Safe travels during
the holiday season. It was a challenging fall and one that seemed to drag its way out. The guys at the scale worked hard to keep things moving as fast as possible to get your trucks back to the field. If you have any feedback about harvest, I’d like to have an open line of communication so call or stop in. Now it’s on to the off season work for us, picking up piles and shipping grain.

As we get to the end of the year, please be sure to let Pam know what money you want deferred and get the contracts signed and back to us as soon as you can. Checks will be ready to pick up at 8:00 a.m. on Tuesday January 3rd. We will be closed on the 2nd for the New Year’s holiday.

Jory Bossuyt, Grain Merchandiser

Grain Team: Pam Redetzke, Nathan Bahn, & Johnnie Brandts Jr.