CHS reported net income of $97.6 million for the third quarter of fiscal year 2020 that ended May 31, 2020. This represents a 78.8 percent increase compared to net income of $54.6 million in the third quarter of fiscal year 2019.
Harvest is just around the corner and we would like to give all our valued patrons an update on this year’s safety precautions. It is our goal to keep you, your truckers, and our staff as safe as possible.
Driver procedures: Please let your drivers know that they will need to stay in their trucks at all times during unloading, unless there is a mechanical issue with the truck. In that case, we have instructed our employees to move out of the immediate area to let the driver fix whatever may be wrong. At all locations we will be opening the gates on your trucks to unload your grain.
Only at our LOMO (Lower Monumental) facility will drivers need to exit vehicles. When scaling in, the driver will need to pass the bill of lading through a mail slot we have installed in the door to the office, then retrieve the scale ticket through that same mail slot after scaling out.
Bruce moisture test sample change: At our Bruce location, the grower will hand the container through the window located in the scale room without entering the building. At the probe, we ask that drivers un-tarp their own trailers.
Wheeler location update: We have recently installed a kiosk, card reader and intercom system at Wheeler. All growers intending to dump at Wheeler will need to receive a card, for each truck, to identify the account the grain will be delivered under. Please contact us prior to harvest so we can mail these to you or arrange pickup. When scaling out, the truck will receive a weight ticket at the kiosk, used to track each load. If you have any questions, please feel free to reach out to anyone in the Wheeler office.
Kennewick upgrade: We are very excited about recent facility upgrades at Kennewick and think you will notice the difference this harvest.
Reminder: When delivering grain to our Kennewick and LOMO facilities, all loads delivered must have a Bill of Lading (BOL) with the producer’s name, account number and type of wheat delivered.
Please fill out the this BOL form and mail or email to us so that we can get BOL’s to you before harvest.
Each producer is responsible for having the correct BOL with each load delivered. Make sure BOL’s have the correct commodity identified.
If you are using custom harvesting or trucking, please make sure they have a copy of the BOL to help cross reference loads delivered.
Grades are usually available about 3-4 days after delivery depending on the number of samples at the USDA office. We will have those grades available to you just as soon as they are posted on the USDA website.
Other locations news: At the Moses Lake grain accounting office and other locations like Connell and Bruce, we have implemented additional safeguards. Please conduct as much business as possible over the phone or email. You can find online account access at my.chsinc.com. Tasha Gentry would be happy to help you become familiar with the features it provides, such as yield reports by field. If it is not possible to handle business remotely, please contact our office in advance so we can be aware you are coming in. We are limiting customers in our Wheeler office to one at a time to maintain distancing of 6 feet.
Let us know if you have any changes to your accounts (split percentages, name or address changes), need a new account set up or new cards for your trucks. As we look forward to another successful harvest, please let us know if we can do anything to help make your harvest process go smoother!
CHS SunBasin Growers Grain Team Camron (Camron.Bishop@chsinc.com) Mike (Michael.Lowry@chsinc.com) Tasha (Tasha.Gentry@chsinc.com) Debbie (Debbie.Norris@chsinc.com) Danielle (Danielle.Mathenia@chsinc.com) Wheeler Grain Acct Office: 509-765-3881
CHS SunBasin Growers 3132 Road O NE Moses Lake, WA 98837
An innovative option makes broadcast crop nutrient applications more available.
Farmers wouldn’t be satisfied with just 20 percent weed control from a herbicide application, but that’s typically the best nutrient availability they can expect from dry phosphate fertilizer applications.
“Under the best soil conditions, only one-fifth of applied phosphorus may be available to the crop throughout the season,” says Steve Carlsen, Levesol and crop enhancement manager, CHS Agronomy. “Availability is even less when soil pH levels are too high or too low or in soils that contain too little organic matter.”
With schools closed across the country, many school districts continue to provide free meals for students. In Moses Lake, Wash., students are turning mealtime into an at-home ag education experience with the help of local farmers, seed and fertilizer companies, including CHS SunBasin Growers.
On Sat., May 2, more than 100 volunteers assembled thousands of packets of vegetable seeds and fertilizer into garden kits to be distributed for free to students and their families. Volunteers practiced health safety precautions by wearing gloves and face masks.
“Each spring, I spend a lot of time on a tractor as we prepare our ground and plant our crops,” says farmer and Moses Lake School Board President Elliott Goodrich, who came up with the idea and organized the event in under one week. “These hours give me lots of time to think, specifically about how the COVID-19 pandemic has impacted all of us. One thing that has become abundantly clear to me: There is a huge need in this community for food.”
The garden kits contain various vegetable seeds, including peas, beans, broccoli, carrots, corn and potatoes, along with five pounds of fertilizer and instructions. Seed donations were gathered from local seed and fertilizer companies. CHS SunBasin Growers, a CHS Country Operations ag retail unit managed out of Quincy, Wash., donated 7,500 pounds of fertilizer for the kits.
Goodrich does business with CHS SunBasin Growers and reached out to Roland Wynhoff, agronomy sales representative, about the idea. Wynhoff thought it was a great way to show the CHS purpose in action while helping the community.
“Creating connections to empower agriculture is what we stand for andwhat we do,” Wynhoff says. “This project is a great way to put that purpose to work in our communities and it is educational as well. Many people in Moses Lake don’t understand where their food comes from. With these garden kits, families can get outside, plant the seeds and watch food production happen in their own backyards.”
This article first appeared in the LIFT newsletter, a publication of CHS Agronomy. Read the entire article.
As growers finalize planting preparations and plan in-season fertilizer and sidedress applications, they may be looking for solutions for micronutrients deficiencies identified by soil or tissue sampling on their most productive acres. What are the most essential micronutrients and what products can help with yield and profitability?
The essential micronutrients include Zinc (Zn), Iron (Fe), Boron (B), Copper (Cu), Molybdenum (Mo) and Manganese (Mn).
They are considered micros because they are needed in smaller amounts compared to macronutrients by the plant.
Many micronutrients hold the key to how well the other nutrients are used; attribute to how well the plant develops and effects the total yield it will produce come harvest.
They also help feed the microorganisms in the soil to perform important steps in various nutrient cycles of the growing process.
We are pleased to share our second quarter results for fiscal year 2020. We reported net income of $125.4 million for the second quarter of fiscal year 2020, which ended Feb. 29, 2020. This compares to net income of $248.8 million in the second quarter of fiscal year 2019.
The company reported revenues of $6.6 billion for the second quarter of fiscal year 2020 compared to revenues of $6.5 billion for the second quarter of fiscal year 2019. In the first six months of fiscal year 2020, CHS reported net income of $303.3 million compared to net income of $596.3 million in the first six months of fiscal year 2019.
As our essential businesses work to meet spring season demands amid the COVID-19 pandemic, we continue to focus on the health and safety of every person and community connected to CHS and the cooperative system.
We want you to know that CHS remains fully operational and committed to providing the essential products and services you need. Our supply chain is prepared and moving into action as spring fieldwork begins. Grain is moving and the spring shipping season has begun. We are grateful for those positive signs.
Thank you for your business. Please let us know how we can help you navigate through the days and weeks ahead.
With the impact of the global pandemic caused by COVID-19 evolving rapidly, we want to reassure you that CHS is taking steps to protect the health and safety of our employees, our owners and customers, and the communities we serve.
We are developing plans with the goal of continuing to provide the highest possible level of service to our customers and owners. Specific measures include:
Close coordination and collaboration to ensure safety and wellbeing of employees, customers and communities
Cancelation of annual meetings and other meetings of large groups and limiting visits to CHS facilities
Additional use of voice, video and other technology to serve you, our customers and coordinate farm visits
Activating plans to flex employees between locations or business units to better serve you
New process and rigor for interactions with vendors, suppliers, contractors or other third parties to promote health and safety
Fully utilizing our powerful and flexible supply chain and asset base should it become necessary to deliver to or from alternate locations
As the busy spring season unfolds, we will continue to adjust as circumstances change. We don’t take this challenge lightly, but we’re committed to working through it with effective planning, communication and execution. With our talented and committed team, best-in-class assets and our values of safety and cooperative spirit, we are confident CHS will continue to deliver products and services for customers and value for owners.