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Current Issue: March 2020

Manager’s comments

by Dell Princ


Hello again! As I'm writing this it's 60 degrees out. We have had a mild winter with quite a bit of rain and snow. Our moisture profile is great across the entire area. The moisture is great, but it is having an impact on picking up grain off the ground. As I reported in the last newsletter, we did pile more than 5 million bushels of grain on the ground in our record-breaking fall harvest. As of today, we still have more than 2 million on the ground. We continue to pick up grain on dry or frozen ground. The grain that is left is all covered which reduces moisture damage. 

The winter has been busy. Along with picking grain up, the feed department has had a very busy season with sales close to record levels. The Crop Production had been slow but is picking up the last month or so and quite a few acres have been applied with fertilizer. The propane business has been good also, considering the milder winter. 

The combination of record fall harvest, busy feed season and crop production getting going, has Midway enjoying a very good year. At the end of January, earnings were right at 10 million on sales of 108 million. With only 2 months left in our fiscal year we are feeling very good about our earn­ings. This should provide the basis for a strong patronage. This financial success also allows Midway to invest in its facilities and this year was no exception. We added 600,000 bushels of grain storage at Lebanon. Bellaire is also in the finishing stages of a new state of the mt Crop Production building. These and other capital expenditures are made possible because of our financial situation. We look forward to providing our members with the best service possible and these expenditures help make this possible. 

Moving forward we know the Ag Economy is not the best. Lower grain prices relative to input costs has made for some tough times. Fortunately, our members enjoyed better crops in this area and that has helped. We will continue to manage as efficiently as possible so we can provide the best possible returns for our members. I appreciate and thank you for your support of our facilities, products and services. 

 

Agronomy

by Ron Reneberg

Hope this writing finds you all blessed with ample mois­ture on your farms and encouraged for a successful spring planting season. As we all know North Central Kansas can be a difficult area to get enough moisture in so starting the spring season with a full soil profile of moisture is an encour­aging thing. Spring row crop planting decisions can be a daunting task given all the economic and weather factors that can affect it. To assist you in this planning Midway Agronomy will again be holding a series of Producer Update meetings across the territory the first week of March to dis­cuss the many new seed and herbicide options available to fight the ever-growing resistant weed issues. Be sure to check with your local branch Manager on the exact date, time and location of your nearest update meeting. There are lots of new options available to us this spring but along with these options come many strict label guidelines to follow, (Dicamba training and Gramoxon training) as well as New Producer program dollars available. It is ALL our responsi­bilities to be good stewards of the New tools available to Producers for dealing with these difficult resistant weed issues. 

Winter's almost over and unseasonably warm weather is quickly bringing spring on. If you haven't already, now is a good time to be top-dressing your wheat with Nitrogen, Chloride and Sulfur and it's important to get them on early to take advantage of the moisture we have this winter for proper green-up. 

This is also a great time to apply broadleaf herbicides to your wheat. We encourage you to take a look at using a fun­gicide and Kugler 342C fertilizer early and then take a good look at using Kugler XRN fe11ilizer and a second fungicide application just before flag-leaf to help keep your wheat plants healthy. In both wet and dry conditions these appli­cations have proven to more than pay for themselves and with economic conditions the way they are this year. this could be the difference between making a profit or not. 

Please plan well ahead the next 90 clays on your fe11iliz­er, seed and crop protection needs by letting your local Midway manager and fieldmen help you thus ensuring timely deliver and application of all your crop production needs. 

As we move into spring, we want to remind everyone that Midway Coop wants to be your First Choice for serv­ice. Our pledge is to provide the best and most responsive service in the area.

Thank you for your continued trust in us and have a safe spring. We appreciate your continued sup­port and patronage and look forward to serving you. 


From the Grain Department

by Suzanne Roadhouse

As you are making your plans for the crops you are about to plant, make sure that you have a good marketing plan in place as well. After you have figured out your input cost and have a target price in mind for your crops, give us a call and we can watch the markets for you. Everyone is aware of the fact that the markets can make rather substantial moves both up and clown during a trad­ing session, by having an order in place you are more likely to hit the target price that you have set. Sometimes just one or two minutes can mean a drop of 3 to 4 (or more) cents. Once the target price has been hit, then we will write a purchase contract for you. If you would rather watch the markets on you own, please sign up for our automatic text messaging price alerts. You can sign up for this on our website as well as follow our daily cash and new crop prices. The web address is www.Midwaycoop.com, you can also follow the weather, and get some market reports as well as other useful infor­mation. 

We have been shipping grain out steadily since fall har­vest. We piled 5 .5 million on the ground at harvest and today we have 2.9 million left on the ground and it is all covered. We will continue to pick grain up as the weather and market permits. 

As you know the encl of March brings Midways fiscal year to a close, and it is looking like another good year for patronage rates. If you have any grain stored on the farm and would like to sell that grain so it is included in your patronage for this year, you will need to have it delivered and sold by March 3lst.

If you are interested in doing this. please contact any of our locations or the General Office, we will be happy to help you market this grain.

Thank you for your patronage and loyalty to Midway Coop


2020 Crop Insurance and MYA Price Updates

by Cullen Riner

The sales closing date for the 2020 spring planted crops is March 15th. Any changes you want to make to your policy must be made by this time. The base prices for the 2019 spring crops are being set through the month of February. Right now, the corn price is averaging $3.92, grain sorghum is at $3.72 and soy­beans are averaging $9.19. 

A coverage option for those who implement EU (enterprise units) and farm in multiple counties may raise some interest. MCEU (Multi County Enterprise Units) was introduced in 2019 and allows a producer to establish a single enterprise unit by combining insured units across county lines by crop. If the pri­mary county qualifies for EU. The election must be made by sales closing elated which is March 15th. For further details stop by the General Office in Osborne or call me at 785-346-5451 or my cell at 785-346-4768. .

KSU's estimated Marketing Year Average (MYA) for wheat in 20 I 9/20 price is $4.58. The KSU esti­mated prices for MYA 2019/20 are $3.78 for corn, $3.21 for grain sorghum, and $8.76 for soybeans. Based on KSU's estimated 20 I 9/20MYA prices, PLC would pay 92 cents on wheat and 74 cents on grain sorghum. Corn and soybeans would not generate a payment in PLC according to these current estimates. Farmers will need to multiply the crop payment, times payment yield, times their base acres, times 85% (Crop payment x payment yield x base acres x 85%) to generate their estimated PLC payment for their farm(s). PLC and Agriculture Risk Coverage (ARC) payments are subject to payment limits and sequestration cuts. 

At Midway Crop Insurance our Profit Matrix and OU/EU Optimizer can help producers get an accurate picture of what their bushel guarantees, revenue guar­antees and most importantly what their net profitabil­ity will be according to their cost of production. As well as, what unit structure and coverage level best fit their farming operation. We have the tools to help producers take less risk and be more profitable. 


Wheat Top Dressing

by Jeff Hammer


Another decade is here and I don't think many are sad about that. Fall of 2018 through 2019 was a real challenge for a lot of growers in this country. Locally, we were fortu­nate to get our crops in and out. We did have enough fall and winter moisture to get our wheat out of the ground and 
going. While there isn't a lot of top-growth there, the tiller counts seems really strong. We have some global production issues occurring in wheat right now, and domestically acres seem to be declining nearly every year. I am hopeful that once we get through this Coronavirus there may be some upside for winter wheat and good reason to invest in this crop this spring. 

We know all about Kugler 342C which has a variety of essential nutrients specific to wheat for top-dress applica­tions. It is a blend of Nitrogen, Potassium, Sulfur, Zinc, and Chloride. Nitrogen requirements on winter wheat are approximately 2 lbs/bu. We do get a nitrogen bump from spring applied N being worth more than fall applied as a  greater percentage is used for spikelet formation. Sulfur and Potassium availability can come into question in more no-till environments. We have observed Sulfur deficiency in recent years and while K deficiencies are rare in our soils, avail­ability of K is being more investigated in no till environ­ments due to the nutrient's immobility in the soil. Chloride is known to be a fundamental component to disease tolerance and photosynthesis in high yielding wheat. (Kugler 342C analysis is: 20#Nitrogen; 3# Potassium; 4# Sulfur; 5# Chloride; & 0.1# Zinc) 

In past years we have seen some amplified leaf bum when mixing UAN sources and sulfonylurea herbicides (Finesse, Amber, Olympus, and Powerflex) at top-dress. Quelex her­bicide should also be considered as it has a short rotational window to most crops as there may be some uncertainty on later planted wheat. We do need to watch how much Nitrogen we are spraying on wheat in the spring especially if temperatures get relatively high for top-dress timing. I don't like to recommend over 50% of the total carrier be fertilizer. XRN can help fill that gap as a 70% slow-release that does not bum tissue and is a better option mixed with herbicide or fungicide in the spring. 

Copper is a nutrient that has been discussed in the past 10 years. It is an immobile micronutrient that aids in pollen tube fon11ation. It also is an essential cell component and key m protein synthesis. An effective method of applying has been somewhat challenging. We have a foliar fo1m called Max-In Copper that can be tank mixed with other top-dress herbi­cides and fertilizers at a use rate of 8 oz/ac. Steady yield responses of 5 bu/ac have been observed with Max-In Copper. 

Midway Co-op is launching a top-dress special. Apply 5 gal 342C + 1-2 gal XRN+8 oz Max-In Copper along with your herbicide and fungicide of choice (TopGuard or Priaxor) and get application discounts as low as $4/ac with no money due till August. Talk to your local Midway Co-op branch manager or agronomist for details on all the winter wheat top-dress options for your 2020 Wheat crop. Thanks for your business. 


Soybean Pre's

by Brian Man's


It’s hard to believe that summer is ending. Over the last several weeks, Midway’s territory has received ample moisture to finish off the fall crops. That being said, a lot of wheat stubble fields are going to need some attention if wheat is going to be planted back in there or nearby. Most of the volunteer wheat has just come up recently. As we know, volunteer harbors insects that can cause yield destroying diseases like wheat streak mosaic and barley yellow dwarf.

Wheat streak mosaic is a virus carried by the wheat curl mite. These mites can also have other grasses as a host, as I saw some move out of pasture ground into wheat fields but in most cases, they can be linked to volunteer. Early fall infestations in a wheat crop can cause yellowing mosaic striped leaves and stunting. This can add up to 50% reduction in yield.

Barley yellow dwarf is another disease that is often times confused with wheat streak as it has similar symptoms. BYD is spread by several different aphids but the most common being oat bird-cherry aphid and corn leaf aphid. The aphids spread the disease by eating on infected plants and carrying it to other wheat. Barley yellow dwarf is characterized by yellow to purple colored stunted plants grouped in small patches. The best way to manage for BYD is planting varieties with known tolerances and delaying planting until after aphid populations decline.

The first step in preventing these diseases is controlling volunteer wheat. If using glyphosate to control volunteer wheat is your method, you need to consider the fact that the plants need to be completely dead for 2 weeks prior to planting those fields or fields in close proximity. This means that fields need to be sprayed at least 3 weeks in advance to give time for the chemical to work and the insects to move on. With the abundant moisture we have received over the last several weeks we have a good crop of volunteer wheat up now. Over the next several weeks we will want to get these fields cleaned up to help minimize the spread of these diseases.

The next step in prevention is planting later, I know that fall is a busy time and there are lots of crops to be harvested, but waiting till the hessian fly free date for your area is a good rule of thumb to go by. I receive questions about using an insecticide seed treatment to control these virus spreading insects. Seed applied insecticides help prevent Barley Yellow Dwarf from becoming widespread but keep in mind the aphids must feed on the wheat to ingest the insecticide so minimal damage can occur. As far as controlling wheat curl mites, insecticides are ineffective. If you have any questions give your agronomist a call.

When Sonic was first out, 3-4 oz/acre was the use rate. Now, with the pigweeds being so difficult to control, we use 5 oz/acre. Lastly, Zidua is a pre-emerge or early post product that has great activity on pigweeds. It is not very soluble, taking lots of moisture to get activated. Use rate is 2 oz for the dry formulation, or 3.25 oz of the newer liquid formulation. Since it is not very soluble, the dry formulation is very hard to get in solution. 

There are many other options in the marketplace, but we feel like these options will fit most of our acres, and not break the bank to use. As hard as we are fighting resistance, the better job we can do to prevent weeds from even corning up the better off we are. I know dicamba resistance is a big concern, especially with Xtend soybeans relying solely on dicamba post emerge to control glyphosate resistant weeds. We need to have a good pre-emerge product down and also plan on layering some more residual product down early post. Midway Co-op's affiliation with the companies that own these products, allows us to offer some rebates and other product tie-ins that qualify you for rebates. If you have any questions, or would like more information, please con­tact your agronomist or your local branch manager. 


Control Corn & Milo Weed 

by Joe Princ
 
It's hard to believe that spring is right around the comer. We have been very lucky this winter to get the moisture we have received and stay relatively mild unlike last year. For those of you that could not attend our winter herbicide update meetings I will be talking about weed control options in com and milo. As we all know weeds are not getting any easier to kill. Without any new modes of action coming down the line, we need to make sure we are using what still works for us appropriately. 

Starting out with a clean field is very important when plant­ing com. Early competition from weeds can create uneven emer­gence and reduce plant stands. When we get out there early to spray, we need to run 8-16 oz of Sterling Blue to control kochia, marestail, and other winter annual weeds. Be sure to throw in some crop oil or MSO as kochia isn't hard to kill when it is small but the little hairs on it can make it hard to get chemical into the plant. Layering residual products is the best way to manage tough to control weeds. When planting com, it is a good idea to use products in front of the planter that will give us time to come back with a timely post emerge application. What we recom­mend pre-emerge is 10 oz of Verdict with 1 # of atrazine or 1 .25 qts. of Degree Xtra. Be sure to use an MSO with the Verdict to get the burndown benefit from the Sharpen in it. This year Winfield United has a new burndown only MSO product called Exuro. Be sure to ask a fieldman or branch manager about it. Sterling Blue can also be added to the tank to enhance burn down if needed as long as corn is planted 1.5" deep. This option gives us really good burndown and up to 3 weeks of residual control. Many people have heard about Resicore and Acuron advertised as I-pass products. While these products do offer really good weed control, I-pass systems do not work well in our area. Split applications of these products do work well. 


There are many post spray options available for com so I will only talk about a few of the more economical options that have been working. Status is a dry formulation of dicamba with corn safener from BASF. A use rate of 3-5 oz provides very good burndown control. It works really well in conjunction with Laudis from Bayer. An application of 3 oz of Status and 3 oz of Laudis provides safe, long lasting weed control. Laudis is a group 27 HPPD inhibitor that also contains a corn safener. In cases where hybrid sensitivity to dicamba is not a concern, 8 oz of Sterling Blue can be added in place of Status to make it more economical. Liberty in com is also another good option that is often overlooked. Liberty can be applied to all SmartStax hybrids that we sell. Be sure to contact your seed representative to be sure that Liberty can be applied to your com. 22-29 oz of Liberty with 2# AMS/ac provides good burndown and can be applied up to V7 corn. It is very important not to go past V7 stage because an adjuvant in Liberty can cause Arrested Ear Development. High volume (20gpa) is needed for Liberty as it is a contact chemical and weed size needs to be small. You will also want to use a residual product like Laudis or Resicore with it. 

 Milo differs from com in the respect that we have to apply all of our residual up front. It is very important to use good residual products because we cannot control grass outbreaks once the milo comes up and in-crop broadleaf treatments can be costly and cause yield reducing crop injury. Not much has changed on milo products. For an early burndown trip, I recommend apply­ing l # atrazine with your glyphosate and dicamba to help keep the fields fairly clean until we get to planting. Verdict at IO oz and l .5qts of Degree Xtra is still our first recommendation for residual products on milo at planting time. This provides 3 modes of action that have good broadleaf and grass control. This option is very economical for what you get, and we have really good product support from these companies if something does­n't work right. Another really good option for use in milo is Lumax. A 2.5 qt rate is recommended 1 week ahead of planting to reduce crop injury risk. If you use Lumax this will lock you out from using Huskie over the top if needed as they both con­tain HPPD chemistry and it can be too much for milo to handle. In the last 2 years generic mesotrione, the active ingredient in Callisto, has become very economical. Winfield United's prod­uct Incinerate, can be tank mixed with Degree Xtra or Dual products and can give you very economical well-rounded weed control. However, this product is very tight this year so if this is the route you want to go let us know early to get the product saved for you. 

I hope one of these days it dries up enough for everyone to get some work done. If you have any questions regarding what I covered, give us a call and we will be happy to answer them for you. I hope everyone has a safe and productive spring. 


An Equipment Warranty the covers the tough stuff

by Terry Zvolanek

Does it pay to invest in protection for your valuable agri­cultural equipment? Absolutely, because in this business there's no such thing as an "inexpensive repair·• - and there ·s no time for downtime. 

That's why we recommend the Cenex Total Protection Plan warranty. Whether you cover new or used equipment, this warranty offers four primary benefits: 
 
  • Unsurpassed coverage that goes beyond - but won't interfere with - your original manufacturer's warranty.
  • A no-hassle claims process with no deductible and no "burden of proof," meaning you don't have to prove that your engine problems were caused by an oil or fuel defect. 
  • Extended equipment life, thanks to quality Cenex Lubricants and Cenex Ruby Fieldmaster Premium Diesel Fuel. 
  • The early-warning advantages that come from regular oil sampling, a simple yet important step that can help prevent major problems and alert you before expensive damage occurs. 
The Cenex Total Protection Plan provides coverage up to 10 years or 10,000 hours on new equipment and 8 years or 8,000 hours on existing equipment. You get great protection, plus all the advantages that come from using proven Cenex Premium Diesel Fuels and lubricants - like longer engine life, extended drains, more power for pulling heavy loads, quicker starts and improved fuel efficiency. 


Office Update

by Craig Mans

Please join me in welcoming Traci Wolters to Midway Coop. Traci will be working in Accounts Payable where she is starting on March 2nd. Traci will be replacing Janet Princ. Janet will be retiring after our audit in April after 53 years of service to Midway Coop and our patrons! Janet has been a valuable asset to Midway Coop for a long time. 53 years of employment is amazing! We will miss Janet, but we are also excited to have Traci! 

Our new website went live on February 27th! You can still find us at www.miclwaycoop.com. We are excited to have an upgraded website and the improvement in our online presence. There is a lot more functionality with this website allowing us to update it regularly and bring important content to you. We hope this is a seamless tran­sition for you. We wanted to keep the grain bids and weather on the home page, but we were able to acid the futures change. This is a nice addition to show you exact­ly what is going on for the clay. We also have much more information than our previous website. We have lots of information on crop insurance, our stations, and feed that weren't on our previous website. Be sure to look and pro­vide any feedback to me.

If you subscribed to the daily grain bids through text, that should still work. If you haven't signed up to receive them and would like to. sim­ply click on the "Subscribe to Daily Cash Grain Updates" on the right side of the page below the weather. Then fill out the required information. 

We are quickly approaching our fiscal year encl. With our financial year close to the encl, I can again report that we are having a good year. Our regional cooperatives are doing quite well, and we will receive nearly $3 million in regional patronage! The regional patronage Midway Coop receives increases YOUR patronage. We are proud to work with regional cooperatives, whether for grain, chemical, fertilizer, financing. or even insurance. 

As we near the busy spring season, it is time to make sure your input finances are in place. Cooperative Finance Association Inc. (CFA) is now accepting appli­cations for the 2020 crop year. This year they have a new Simpli-Fi application. This will simplify the process by combining the application and loan documents in one step (in some cases, additional paperwork may be required). On Page 1, please provide your Assets, Liabilities, Gross Farm Income (off your Schedule F), Non-Farm Income, Primary Operating Lender, Total Acres Owned and Total Acres Rented. Sign page 6 where indicated. Please update the form with your expected acres for 2020 (please do not put anything in the price box) and any other changes. If anyone has a question or concern regarding CFA or any other financing, please don't hesitate to contact me, your local branch manager, Brian, Doug, Jeff, Joe, Tanner, or Wyatt for more details. Also, Eric Mans will begin some CFA responsibilities. Eric will be able to get out in the country and see you, providing another level of service. 

Two quick reminders
  1.  CFA will email your statement to you unless we request that it be mailed. Contact me to get this updated.
  2. We will need your prior authorization to give out Equity information to anyone other than the Equity owner. This is an important issue to keep your information secure. 
Software changes are coming. There may be some bumps along the road, but the result will be much better! We are continuously working on changes in the office to make your experience with us better. These changes are with you in mind. Thank you for your business. 



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