MaxYield Cooperative’s Members Approve Merger with NEW Cooperative, Inc.
(WEST BEND, IA) – The members of MaxYield Cooperative, headquartered in West Bend, Iowa, have approved the merger proposal with Fort Dodge, Iowa-based NEW Cooperative, Inc. The merger will become effective August 1, 2021.
“We are pleased to report the MaxYield membership has voted in favor of this merger,” stated MaxYield board chairman Howard Haas. “Thank you to our members for taking time to attend meetings, looking over materials and evaluating the merger proposal. We look forward to being a part of NEW Cooperative and look forward to the opportunities that will bring our members, clients and team members.”
“We welcome the members and employees of MaxYield to NEW Cooperative,” stated Dan Dix, General Manager of NEW Cooperative, who resides near Humboldt. “We thank the MaxYield membership for the support and confidence placed in NEW Cooperative by voting in favor of this merger and we also thank the staff of MaxYield for all of the work done during the merger study. I look forward to leveraging the value that this merger brings to the combined memberships and employees of both organizations.”
MaxYield’s membership vote met Iowa’s state voting requirement for a successful cooperative merger. To approve a merger, Iowa law requires at least 50 percent (plus one) of MaxYield’s Class A membership to vote, with at least two-thirds of those casting ballots voting in favor of the merger. The ballot counting committee consisted of two MaxYield board members, two MaxYield Class A voting members and two representatives of the auditing firm Meriwether Wilson & Co PLLC.
“It’s exciting for me to see the members of MaxYield approve this merger in an effort to continue evolving, positioning for and maintaining a strong cooperative presence across the current MaxYield trade area,” said MaxYield CEO Keith Heim. “I too thank MaxYield’s members for evaluating this merger proposal and casting their vote on this important cooperative decision.”
Heim also went on to say that, “I appreciate and thank all MaxYield team members for their efforts and their willingness to be open-minded throughout this merger process. The transition process to an effective August 1st merger date is well underway and will continue throughout July and beyond.”
“The board would also like to thank MaxYield’s team members for their patience and support the last six months as we evaluated this merger. We also appreciate the efforts of CEO Keith Heim and MaxYield’s leadership team during this process,” Haas said. “I am also pleased to report that Keith [Heim] will stay on as MaxYield’s CEO during the month of July as we complete our fiscal year and to help with what we expect to be a seamless transition to NEW Cooperative.”
NEW’s board of directors will expand to a total of 15, with the addition of three directors to be appointed by the MaxYield board of directors.
Alliance Goes Statewide to Improve Resource, Conservation Management
ANKENY – An alliance of ag retailers, companies and organizations that are aligned and dedicated to helping farmers reduce nutrient loss, build healthier soils and improve
Iowa’s water is going statewide.
Agriculture’s Clean Water Alliance’s (ACWA) was launched in 1999 to serve farmers in the Raccoon River and Des Moines River Watersheds. The expansion of its
programming and membership to all 99 counties was approved by the ACWA board this spring and formally announced June 11.
“Iowa farmers rely directly on ag retail for products, services and technical advice to be successful,” Roger Wolf, Executive Director of ACWA said. “ACWA’s expansion across
Iowa furthers Agriculture’s commitment by providing leadership and support to farmers as they adopt practices that improve soil and water quality.”
During its more than two decades of service, ACWA’s member ag retailers had grown to service nearly 75 percent of the state. Thomas Fawcett, director of environmental
resources and precision ag for West Des Moines-based Heartland Coop Fawcett said expanding its footprint statewide was a practical evolution.
“Farmers have a strong desire to improve soil health and water quality – they are the first conservationists,” he said. “What they need are partners to help mitigate risk when
trying new production practices. ACWA fulfills that need by providing technical expertise backed by data and access to funding to move from concept to implementation.”
ACWA is respected nationally for integrating conservation and production to enhance soybean yields in tandem with measurable improvements in soil and water quality.
Activities include extensive water quality monitoring, and data acquisition and deploying conservation agronomists within its ag retail partners.
Harry Ahrenholtz, ACWA board chairman, said teamwork, partnerships, know-how and financial resources are critical to advancing progress on the state’s nutrient reduction
strategy. Tangible progress is also best realized when farmers have the opportunity to adopt practices voluntarily based on their specific needs, farm goals and location.
“Solving challenges by way of a voluntary, proactive efforts have proven to be most efficient and effective,” he said. “ACWA is a model of this approach. Farmers are on the front line but increasingly networking with their ag retailers and urban partners to make progress.
“Now with a statewide presence, ACWA and its member retailers can be of even greater assistance in driving progress through innovative, thoughtful and proven programming.”
One example is work in the Elk Run Watershed. What began as a project implementing practices impacting 15,000 acres has expanded nearly ten-fold. That model is being
replicated in other parts of the state.
It’s progress like this that makes Wolf, who is also a 30-year plus veteran of the farm and environmental industries, excited about the future of ACWA and additional progress
on water and soil health improvements across the state.
“I couldn’t be more optimistic about the level of engagement on issues related to on farm productivity and conservation,” Wolf said. “Corporations and municipalities are increasingly talking about sustainability, but it must transcend discussion and be implemented.
“ACWA is that trusted partner and catalyst to make sense of the science and practices and work hand-in-hand to make progress happen.”
Front Row (on the floor; left to right): Dan Dix, NEW Cooperative, Inc., ACWA Vice-President; Gary Moritz, NEW Cooperative, Inc.; Harry Ahrenholtz, ACWA Chairman; Brent Low, AgPartners LLC, ACWA President; Mark Kriegshauser, Helena Agri-Enterprises LLC, ACWA Secretary/President; Eric Scherder, Corteva Agrisciences; Chris Petersen, Gold-Eagle Cooperative; Dave Schwartz, Verdesian Life Sciences; Kristen Dearden, ACWA Member Services & Outreach Manager; Duane (Dewey) Petersen, Nutrien Ag Solutions; Derek Hommer, Nationwide; Thomas Fawcett, Heartland Cooperative. Back Row (on stairs; left to right): Roger Wolf, ACWA Executive Director; Mike Conover, AgPartners LLC; Clint Sires, AgPartners LLC; John Van Diest, Van Diest Supply; Molly Toot, Landus Cooperative; Dana Gee, Pro Cooperative.
Agriculture’s Clean Water Alliance (ACWA) is a non-profit association whose mission is identifying and advancing solutions that reduce nutrient loss, build healthier soils, and improve
Iowa’s waters. ACWA is recognized for its ability to build upon its members’ extensive relationship with farmers across Iowa. www.acwa-rrws.org/
The Port of Blencoe is officially open for business!
On Wednesday, June 2, 2021, NEW Cooperative held a Ribbon Cutting Event at the Port of Blencoe with guest speakers Governor Kim Reynolds and Secretary of Agriculture, Mike Naig.
Located half-way between Council Bluffs and Sioux City, Iowa on the Missouri River, The Port of Blencoe will serve as a gateway to world markets. This port is the farthest stop north on the Missouri River and will shift high-volume freight from the road to the waterway.
Barges began transporting grain and fertilizer to and from the port in early spring of 2021. With the addition of this grain outlet our growers in Western Iowa will get the first opportunity at the world market.
View pictures from the Ribbon Cutting Event with the link below!
NEW Cooperative will be holding a Ribbon Cutting at Port of Blencoe on Wednesday, June 2, 2021 at 10:30am at the Port of Blencoe (30382 Filbert Ave., Blencoe, IA 51523. Exit 105 off Interstate 29).
4 inch Soil Temperature Maps
Centuro™ Denitrification Study
Spring will be here before you know it and soon it will be time to be out in the fields once again. And if you’re a grower applying anhydrous ammonia, timing is everything since spring weather can be somewhat unpredictable. If wet weather does make an appearance and disrupts your plans, set yourself up for success now and plan in advance for how you’ll minimize nitrogen loss risks.
Objective: To evaluate Centuro, a nitrification inhibitor (Pronitridine) used to inhibit the oxidation of ammoniacal nitrogen to nitrate nitrogen. In this study, Centuro is tank mixed with 36
Gal/A. UAN 32% nitrogen and applied via dual band Conceal® system at 1.5 Gal/Ton.
Results: Due to persistent rainfall and saturated soil conditions, Centuro offered protection to nitrogen losses and proved yield gains of +10.5 Bu/A. (Table 1).
Table 2. illustrates a positive return on investment of +$28.41/A. as a result.
See Centuro page link for table illustrations and details.
Visit with your local NEW Cooperative Agronomist on opportunities to minimize nitrogen loss risk.
NEW Cooperative Hams for Hunger Event 2020
Fort Dodge, IA- For the fourth year in a row, NEW Cooperative held their annual Hams for Hunger Event. A total of 2,000 hams were donated throughout NEW Cooperative’s trade territory.
On Tuesday, December 8th, 1,200 hams were handed out to Webster County residents who were provided a voucher by NEW Cooperative’s partner in the program, Upper Des Moines Opportunity Inc.
“The hams came from Webster City Custom Meats. The hogs were fed with local corn grown by NEW Cooperative’s farmers, and now the hams are feeding the people. The perfect example of agriculture coming full circle”, stated Gary Moritz, NEW Cooperative Communications Director.
Throughout the rest of the week, 800 more hams were delivered to 15 local food pantries in NEW Cooperative’s trade territory.
NEW Cooperative Foundation awards a minimum of five $2,000 one-year scholarships yearly to local students intending a career in agriculture while attending college full-time. An applicant should be a member of NEW Cooperative or the dependent of a NEW Cooperative member or full-time employee.
A student shall be a full-time student that has been accepted into an accredited 2 year college or a 4 year university. Applicants must be furthering their education by attending a two-year agricultural short course program at two-year college or a four-year university agricultural program may submit an application.
High school seniors as well as college freshmen, sophomores, or juniors are eligible to apply. Recipients are chosen by an independent selection committee.
Application Deadline: March 12, 2021
For more information visit: www.newcoop.com/scholarships/
NEW Cooperative 2020 Patronage Rates
In today’s ag economy, NEW Cooperative believes it is important to get money back into our members hands.
NEW Cooperative also believes deferred equity belongs to the members currently using NEW Cooperative as evident by no members equity being more the 7 years old.
For the recent year-end, NEW Cooperative is paying 50% cash on the 2020 patronage allocation, as well as revolving 2014 local deferred equity of 5.6 million dollars and 2013 regional deferred equity of 4.4 million dollars for total cash payout of over 19 million dollars.
2020 patronage rates are 10 cents per bushel on grain purchases and 6 percent on agronomy sales and service.
NEW Cooperative members earn patronage refunds of 35 dollars per acre on corn acres and 15 dollars per acre on soybean acres.
For full details on 2020 Patronage Rate follow link below.
AG RETAILER GROUP CONTINUES COMMITMENT TOWARD CLEAN WATER
Ankeny, Iowa — Agriculture’s Clean Water Alliance (ACWA) members have reaffirmed their agreement to protect Iowa’s water resources.
The group of 11 ag retailers recently agreed to the voluntary Code of Practice for Nitrogen Fertilization, which the group has committed to annually for the last 21 years. The Code of Practice stipulates that fall applications of anhydrous fertilizer without a nitrification inhibitor be delayed until soil temperatures are 50 degrees Fahrenheit and trending lower.
“Since 1999, this group of ag retailers has come together in support for cleaner water,” said Brent Low, ACWA president and Ag Partners agronomy vice president. “The board reviews and affirms the elements within the Code of Practice annually, which covers 20 counties of our members’ trade area.”
Although ACWA members are in direct competition, they have been united in the goal of improving and protecting water quality in the Des Moines and Raccoon River watersheds long before the Iowa Nutrient Reduction Strategy was established. Committing to this Code of Practice is a condition of being an ACWA member and it has become an annual custom.
Every autumn is different and soil temperatures can vary across the watershed geography. Usually soil temperatures turn cooler first in north and west-central Iowa compared to south and central Iowa. Historically, soil temperatures in this 20-county region are at or below 50 degrees and trending cooler in late October. Reporting from ACWA members validates conformance with the Code of Practice agreement. For example, member-reported application starting dates from the last five years were: Oct. 21, 2019; Oct. 22, 2018; Oct. 25, 2017; Oct. 22, 2016 and Oct. 23, 2015.
Soil temperature is one of the important conditions to consider for nitrogen management. Colder soils hinder the conversion of ammonium nitrogen (NH4+) to nitrate (NO3). According to an article by John Sawyer, agronomy professor at Iowa State University (ISU), “ammonium is not leached or lost by denitrification (conversion to nitrogen gas). Therefore, it will stay in soil even if the soil becomes excessively wet. …Nitrate is leachable and subject to denitrification.”
ACWA members use a website managed by ISU as a decision tool for beginning fall fertilizer applications. The website shows the three-day, 4-inch depth soil temperature estimates for every Iowa county: http://extension.agron.iastate.edu/NPKnowledge/.
While soil temperature is one aspect of the Code of Practice, ACWA members also support farmer adoption of strategies to minimize loss of nitrogen to water sources. These can include the use of nitrogen stabilizers as well as conservation practices such as cover crops and no-till and incorporating edge-of-field practices including stream oxbow restorations, bioreactors, saturated buffers, and constructed wetlands. These practices can work together to treat nutrients lost from farm fields and improve water quality.
The historical focus of ACWA began with a concern for downstream water quality within the Des Moines and Raccoon River watersheds. In 2000, the organization began stream water monitoring in these two watersheds to address downstream nitrate levels in the rivers that supply drinking water to Des Moines.
“ACWA members know water quality is just as important as proper nutrient management,” said Roger Wolf, ACWA executive director. “Continuing with water monitoring can help assess progress and target areas to have a greater impact toward water quality improvement. Stream water monitoring and the Code of Practice agreement go hand-in-hand to address and improve water quality in Iowa and further downstream.”
For more information, visit the ACWA website: www.acwa-rrws.org.