New app puts CHS activity at your fingertips

farmer loggin in to MyCHS

Time. We never seem to have enough of it.  And every new tech tool seems to just add another online destination with a singular purpose. But not for CHS patrons. With a simple single sign-on, producers can see their CHS business activity all in one place, even if they have multiple accounts. Contracts, bookings, prepays, scale tickets, payment history and more for agronomy, energy, grain and seed business can be viewed, sorted – even downloaded – from anywhere, anytime. All from one, web-based app: MyCHS.

The biggest advantage? Saving time. CHS transactions are a touch away – whether in front of a laptop in a farm office, on a tablet in the field or on a phone in the tractor cab.

“I can customize what I can see,” says Lucas Goodwin, Minnesota farmer and MyCHS user. “Filtering is easy. And navigating between all the separate components, like the contracts and the settlements, is logical and quick.”

Lucas was among a group of CHS customers picked to give app feedback in small focus groups and then as a beta user, comparing the new MyCHS with the former Customer Resources tool. Getting customer feedback early and ongoing during the development process was critical to making sure the web-based app fit the way today’s farmer wants to use technology.

“It’s a nice upgrade,” he concludes of MyCHS. He was a user of the former application. The recent upgrade provides all producers doing business with CHS with the data they need to make timely, information-rich decisions.

“Our CHS producers have continued to advance and look for ways to become the best they can be in some of the toughest markets they’ve experienced,” says Megan Schmit, director, Grain Procurement for CHS Country Operations division. “Even our producers who may not have called themselves tech savvy are using more and more tools to better their operation and MyCHS is giving them access to their total business with us, not just grain.”

Megan was part of the CHS team helping connect with farmers and finding out what would serve their information needs.

“I’m excited that we’re not stopping here,” she adds. “We’re going to continually take feedback from our producers and employees to keep improving and enhancing this tool for years to come.”

MyCHS is a free web-based app, available to any farmer or rancher doing business with CHS. It’s easy to register here and start seeing what MyCHS can do to help you.

CHS reports $54.6 million of net income for third quarter of fiscal 2019

Company reports net income of $650.9 million for first nine months of fiscal year

CHS Inc. today announced its financial results for the third quarter and the first nine months of fiscal year 2019.

CHS reported:

  • Net income of $54.6 million for the third quarter of fiscal 2019 compared to $181.8 million for the restated third quarter of fiscal 2018. One-time pre-tax gains of $124.1 million in the restated third quarter of fiscal year 2018 were not realized in the same time period in fiscal 2019. One-time pre-tax gains of $19.2 million related to the purchase of the remaining 75 percent share of West Central Distribution, LLC were realized in the third quarter of fiscal 2019.
  • Consolidated revenues of $8.5 billion for the third quarter of fiscal 2019 compared to $9.1 billion for the restated third quarter of fiscal 2018.
  • Net income of $650.9 million for the first nine months of fiscal 2019 compared to $535.5 million for the restated first nine months of fiscal 2018, an increase of 21.5 percent.
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Top way to keep water out of your diesel

By Steve Hinds, Senior Business Development Manager, CHS Refined Fuels Marketing from the Cenexperts blog

diesel powered tractor in a corn field

Incompatible people are often said to mix like oil and water. But if you really want to talk about an unfortunate combination, look no further than fuel and water. Water in a machine’s fuel line can be a one-way ticket to trouble.

The good news about water damage is it’s preventable. Here’s what you need to know about diesel fuel water contamination and how to keep it from sinking your operation.

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Dicamba Cutoff Date Approaching


SOUTH DAKOTA DEPARTMENT OF AGRICULTURE NEWS RELEASE

For Immediate Release: June 17, 2019
Media Contact: Maggie Stensaas, 605.773.4073

Dicamba Cutoff Date Approaching

PIERRE, S.D. – The South Dakota Department of Agriculture (SDDA) reminds applicators that June 30 is the cutoff date for dicamba products.

The SDDA obtained Special Local Needs registration labels, also known as 24(c) labels, from the U.S. Environmental Protection Agency (EPA) for the following products: Engenia, Fexapan and Xtendimax with VaporGrip Technology. These labels establish a June 30 cutoff for applications of these products in South Dakota for the 2019 growing season. Applicators can use these products until soybeans reach the R1 growth stage, 45 days after planting or June 30, whichever comes first.

“While the weather has had an impact on planting this year, which I know is frustrating for many producers, the fact remains that warmer conditions in July increase the risk of volatility and drift when using dicamba products. The cutoff date is based on data which supports increased risk of drift after July 1,” says Secretary of Agriculture Kim Vanneman. “I encourage producers to explore the other products available to them once the cutoff date for use of dicamba has passed.”

Anyone applying Engenia, Fexapan or Xtendimax with VaporGrip Technology must also abide by the restrictions included in the EPA labels for those products, including recordkeeping requirements. Additionally, applicators applying or purchasing these products will have to complete annual dicamba specific training. Trainings can be found on the SDDA website at https://sdda.sd.gov/ag-services/dicamba/.

Agriculture is a major contributor to South Dakota’s economy, generating $25.6 billion in annual economic activity and employing over 115,000 South Dakotans. The South Dakota Department of Agriculture’s mission is to promote, protect and preserve South Dakota agriculture for today and tomorrow. Visit them online at sdda.sd.gov or find them on Facebook, Instagram and Twitter.

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Grant from CHS supports local 4-H building project

WINNER, SOUTH DAKOTA, June 11, 2019 –  The CHS retail business based out of Winner, South Dakota, has announced a $10,000 grant to Tripp County 4-H. This money will be used to build a new livestock facility at the Mid Dakota Fairgrounds.

“This donation from CHS puts us one step closer to being able to update our facility to provide safer housing for 4-H’ers and their animals during the fair, as well as having a space in our community that can be utilized year-round by other groups and organizations,” said Laura Kahler, Tripp County 4-H advisor.

This donation was made possible through the CHS Seeds for Stewardship program, a competitive grant program that matches funds for projects in rural communities based on three core focus areas: safety, ag leadership development, and broad community engagement.

“CHS is invested in supporting the future of agriculture in our rural communities,” said Chuck Miller, interim general manager. “The future depends on our children. That’s why we feel it is important to support efforts like building a new livestock facility at the local fairgrounds. When communities have a place where they can support area youth, strong relationships are built, relationships that can help those communities thrive for generations to come.”

CHS locations apply for CHS Seeds for Stewardship grants on behalf of community organizations and projects.

“It is an honor to experience the trust and encouragement from CHS for this project. This facility will have an incredible impact on our community, especially our youth in agriculture,” said Wyatt DeJong, member of the Tripp County 4-H Livestock and Community Facility Committee. “Companies like CHS are a true blessing as they demonstrate their commitment to rural communities and strengthen the backbone industry of our county, state, and nation.”

“Our family does quite a lot of business with CHS and we so appreciate their giving back to the community and our youth. Working together to get things done!” said Marlajean Waters, Committee Member

As CHS supports community projects like this, it recognizes these projects also make an impact for its employees who live in these rural communities.

“We appreciate their support of the ag community in our area by supporting a facility that will be used by our youth for years to come,” said Rhonda Gilchrist, committee member and CHS employee.

Ready for Change

By Annette Bertelsen, from Spring 2019 C magazine

What happens when the world’s biggest buyer suddenly backs away from U.S. soybeans? That’s been a question on everyone’s mind since July 6, 2018, when the United States implemented China-specific tariffs. The move embroiled U.S. farmers and cooperatives in a trade war that hit the soybean world particularly hard. Spring USDA data shows 2018–2019 soybean export inspections down nearly 34 percent from the year before, with farms and cooperatives struggling to handle huge carryover and reduced cash flow.

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© 2019 CHS Inc.