Land O' Lakes donation
March 25, 2015
Volume 2, Issue 1
Land O’ Lakes donation
Flagler Cooperative received a price match donation from the Land O’ Lakes Foundation. We gave the donation to the Flagler FFA and FBLA. Pictured (left to right): Brent Oestman; Kevin Alm, Flagler FFA Adviser; Wyatt Witt, Flagler FFA President; Taylor Bredehoft, Flagler FBLA President; and Pam Fagerlund, Flagler FFA Adviser. Each check was for $500.
Learning from a Fortune 500 company Last week Mark Hollowell and I had the opportunity to travel to Kansas City to spend three days learning from the individuals at INTL FC-Stone. INTL FCStone is a Fortune 500 company that specializes in financial services, market guidance and risk management. During our time there we were able to see firsthand the services that INTL FC-Stone provides the Flagler Coop Association. FCStone provides hedging capabilities to our company, allowing us to better manage the risk for our customers in the often volatile grain and fuel markets. Being both
a Futures Commission Merchant as well as a clearinghouse, FC-Stone can complete any futures or overthe-counter trade needed by us at the Flagler Coop. Market guidance is another major service that INTL FC-Stone provides to us at Flagler Coop. Mark and I got to see in detail the major factors that go into driving the grain and fuel markets. As in the case of wheat the past couple months, supply, demand, weather and politics have all played a part in keeping prices depressed. While we were in Kansas City the USDA Crop Report came out showing carryout dropping slightly for wheat.
--- See FC-Stone, Page 2
Brent’s Corner
Despite many challenges, we were able to report net savings before tax of $722,596 on sales of $40,094,722. This was an improvement over the drought-reduced returns we experienced the year before and leaves us optimistic about our current fiscal year.
--- See Brent’s Corner, Page 2
Gear up your feed program for spring The days are getting longer, the temperatures are warming up, and baby animals are beginning to adorn the scenery of the eastern plains! In the feedmill we are gearing up for a busy spring season. • Mighty Minerals: As the grass greens up and forage quality improves, remember that minerals are still vitally imperative in maintaining the health of your herd. Providing adequate minerals helps maintain colostrum quality and assists in increasing your breed back rate. We have a full line of loose and tub minerals available to meet your needs.
--- See Feed, Page 2
Find us online at flaglercoop.com
Purina Range Cattle VIP Update from Ace The Purina Range Cattle VIP was held in St. Louis January 5-7. Pictured (left to right): Otto Lehmberg, Christopher Bledsoe, Dallas Loutzenhiser, and Wil Bledsoe. --- From Brent’s Corner, Page 1 Increased volumes in grains & fuel sales combined with better margins helped achieve the better results for fiscal year ending December 31, 2014. I would like to thank all our employees and customers who were instrumental in helping the Flagler Cooperative Association
--- From Feed, Page 1 • Pesky Flies: The flies will soon be emerging and it is not too early to begin planning your fly control program. While fly control can be an investment, the damage to your herd caused by flies is even more costly. There is a wide range of products available to meet your fly control needs. Please stop by and visit with us at our Flagler or Hugo
--- From FC-Stone, Page 1
Whether or not this will rally the market to any noticeable degree we will have to wait and see. Overall, I enjoyed my time at FC-Stone getting to see how grain is sold and bought throughout the United States. Being a farmer myself, and being involved in the production side of agriculture, it was nice to see the pieces involved in making grain flow from producer
have a successful year in 2014. Your cooperative is constantly looking to improve our services and communication to you, our patrons. So if you have any suggestions we are always happy to listen to them. Thanks, Brent Oestman, General Manager, Flagler Cooperative Association locations to discuss which fly control is best for your herd. • Big Savings: Managing production costs can be challenging. Save yourself money by booking your summer mineral needs. We have pallet quantity booking opportunities available for customers. If you have questions regarding our booking policies and price specials please visit with Meghan or Grace. to consumer and the individuals in the middle that make it all possible. On a side note, Mark and I noticed driving to and from Kansas City that the wheat around our home country looks as good as any of the wheat along I-70 in Kansas. Hopefully this continues to hold true throughout the spring and into summer. Best Regards, Chester Ewing Fuel/Grain Merchandiser
Spring is in the air at Ace Hardware and we all have spring fever! We have several new items this year to add to your garden and yard decor. We also have a great selection of kid’s spring and summer items. Ace is preparing for the summer by stocking up on paint both interior and exterior. We offer Royal, Clark & Kensington, and Valspar. Don’t forget we have several pieces of equipment for rent. Ace also has all the lumber and roofing materials for your spring and summer projects. Are you making a pinewood derby car? We have all the materials you need! We have all of your spring needs right here in your local Ace Hardware store!
Station Update
The C Store Express will soon be expanding their hours for summer time. Watch for the extended hours to begin later this spring! The C-Store also has new diesel pumps that were recently installed.
Welcome aboard
We would like to welcome a new employee to our association. Chester Ewing from Genoa has joined our company to sell fuels and merchandise grain. He is currently working out of our Flagler office.
Volume 2, Issue 1
Land O’ Lakes donation
Flagler Cooperative received a price match donation from the Land O’ Lakes Foundation. We gave the donation to the Flagler FFA and FBLA. Pictured (left to right): Brent Oestman; Kevin Alm, Flagler FFA Adviser; Wyatt Witt, Flagler FFA President; Taylor Bredehoft, Flagler FBLA President; and Pam Fagerlund, Flagler FFA Adviser. Each check was for $500.
Learning from a Fortune 500 company Last week Mark Hollowell and I had the opportunity to travel to Kansas City to spend three days learning from the individuals at INTL FC-Stone. INTL FCStone is a Fortune 500 company that specializes in financial services, market guidance and risk management. During our time there we were able to see firsthand the services that INTL FC-Stone provides the Flagler Coop Association. FCStone provides hedging capabilities to our company, allowing us to better manage the risk for our customers in the often volatile grain and fuel markets. Being both
a Futures Commission Merchant as well as a clearinghouse, FC-Stone can complete any futures or overthe-counter trade needed by us at the Flagler Coop. Market guidance is another major service that INTL FC-Stone provides to us at Flagler Coop. Mark and I got to see in detail the major factors that go into driving the grain and fuel markets. As in the case of wheat the past couple months, supply, demand, weather and politics have all played a part in keeping prices depressed. While we were in Kansas City the USDA Crop Report came out showing carryout dropping slightly for wheat.
--- See FC-Stone, Page 2
Brent’s Corner
Despite many challenges, we were able to report net savings before tax of $722,596 on sales of $40,094,722. This was an improvement over the drought-reduced returns we experienced the year before and leaves us optimistic about our current fiscal year.
--- See Brent’s Corner, Page 2
Gear up your feed program for spring The days are getting longer, the temperatures are warming up, and baby animals are beginning to adorn the scenery of the eastern plains! In the feedmill we are gearing up for a busy spring season. • Mighty Minerals: As the grass greens up and forage quality improves, remember that minerals are still vitally imperative in maintaining the health of your herd. Providing adequate minerals helps maintain colostrum quality and assists in increasing your breed back rate. We have a full line of loose and tub minerals available to meet your needs.
--- See Feed, Page 2
Find us online at flaglercoop.com
Purina Range Cattle VIP Update from Ace The Purina Range Cattle VIP was held in St. Louis January 5-7. Pictured (left to right): Otto Lehmberg, Christopher Bledsoe, Dallas Loutzenhiser, and Wil Bledsoe. --- From Brent’s Corner, Page 1 Increased volumes in grains & fuel sales combined with better margins helped achieve the better results for fiscal year ending December 31, 2014. I would like to thank all our employees and customers who were instrumental in helping the Flagler Cooperative Association
--- From Feed, Page 1 • Pesky Flies: The flies will soon be emerging and it is not too early to begin planning your fly control program. While fly control can be an investment, the damage to your herd caused by flies is even more costly. There is a wide range of products available to meet your fly control needs. Please stop by and visit with us at our Flagler or Hugo
--- From FC-Stone, Page 1
Whether or not this will rally the market to any noticeable degree we will have to wait and see. Overall, I enjoyed my time at FC-Stone getting to see how grain is sold and bought throughout the United States. Being a farmer myself, and being involved in the production side of agriculture, it was nice to see the pieces involved in making grain flow from producer
have a successful year in 2014. Your cooperative is constantly looking to improve our services and communication to you, our patrons. So if you have any suggestions we are always happy to listen to them. Thanks, Brent Oestman, General Manager, Flagler Cooperative Association locations to discuss which fly control is best for your herd. • Big Savings: Managing production costs can be challenging. Save yourself money by booking your summer mineral needs. We have pallet quantity booking opportunities available for customers. If you have questions regarding our booking policies and price specials please visit with Meghan or Grace. to consumer and the individuals in the middle that make it all possible. On a side note, Mark and I noticed driving to and from Kansas City that the wheat around our home country looks as good as any of the wheat along I-70 in Kansas. Hopefully this continues to hold true throughout the spring and into summer. Best Regards, Chester Ewing Fuel/Grain Merchandiser
Spring is in the air at Ace Hardware and we all have spring fever! We have several new items this year to add to your garden and yard decor. We also have a great selection of kid’s spring and summer items. Ace is preparing for the summer by stocking up on paint both interior and exterior. We offer Royal, Clark & Kensington, and Valspar. Don’t forget we have several pieces of equipment for rent. Ace also has all the lumber and roofing materials for your spring and summer projects. Are you making a pinewood derby car? We have all the materials you need! We have all of your spring needs right here in your local Ace Hardware store!
Station Update
The C Store Express will soon be expanding their hours for summer time. Watch for the extended hours to begin later this spring! The C-Store also has new diesel pumps that were recently installed.
Welcome aboard
We would like to welcome a new employee to our association. Chester Ewing from Genoa has joined our company to sell fuels and merchandise grain. He is currently working out of our Flagler office.
