October Vision Newsletter

OCTOBER 26, 2023

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VISION NEWSLETTER IN THIS ISSUE OCTOBER IS COOPERATIVE MONTH FROM THE DESK OF JEFF KREJDL EMPLOYEE ANNIVERSARIES HARVEST MEALS HARVEST UPDATE PRODUCER SUMMIT

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October is Cooperative Month October is Cooperative Month! Governor Pillen declared October to be Cooperative Month in Nebraska, recognizing the importance of cooperatives to agricultural producers.

The seven cooperative principles are listed below.

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OCTOBER 26, 2023

From the Desk of Jeff Krejdl As we enter the last half of our fiscal year, our unwavering dedication to serving our customers and optimizing operational efficiency to stay competitive in today's volatile market is yielding significant results. Through the many challenges affecting our operations today, one recurring theme stands out - the resilience of the Cooperative business model. I firmly believe that Ag Valley Coop and the entire cooperative system were established to withstand the economic, financial, and social pressures of our time. The seven cooperative principles that are the foundation of our business model, particularly Principle #5 Education, Training, and Information, Principle #6 - Cooperation Among Cooperatives, and Principle #7 - Concern For Community, are directly addressing the pressures we face today.

As we continually assess the impact on our operations, please remember that you are an integral part of a Cooperative system uniquely designed to navigate challenges like these.

Our collective strength is our greatest asset, and Ag Valley Co-op is committed to assisting you through these trials.

Harvest continues to move along, and compared to last year, we are in a much better position. While we recognize that this may not hold true for every corner of our trade territory, it undoubtedly bodes well for our Cooperative as we move into the coming year. If you've had the chance to pass through Edison or Maywood, you've likely noticed the considerable progress made by construction crews on those projects. I am excited for those new facilities to become operational. Our new facility in Jennings, KS, has received positive feedback, and we look forward to further strengthening our partnerships in that region.

Now is the time to consider your seed and crop input needs for next year. If you have not already been contacted by one of our agronomy team members, they will be around to visit with you about what your options are for locking in some of those needs for next year. If you happen to miss their visit, please do not hesitate to give any of our locations a call, and they can put you in touch with our Agronomy department.

In conclusion, I want to extend my sincere gratitude for your ongoing support. We recognize that our success depends on your trust and business, and our entire team deeply appreciates the opportunity to assist you in your farming operations. While we may not be perfect, our daily goal is to enhance the efficiency of your operations. I would welcome the opportunity to visit with you, so please give me a call or stop in Edison and let me know what we can do to help make that happen.

Thank you,

Thanks,

OCTOBER 26, 2023

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Employee Anniversaries

Celebrating in October

Be sure to congratulate these employees!

Justin Abbott, Norton Agronomy - 1 year Michael Barrett, Norton Agronomy – 4 years Sebastian Dibbern, Maywood Grain – 23 years Eldon Franzen, North Platte Agronomy – 17 years Susan Gilgenbach, Norton Grain – 16 years Tad Henkenius, Maywood Energy – 3 years Vincent Kresin, Wilsonville Grain – 7 years Maggie McClellen, Maywood Agronomy – 16 years Kim Rawson, Edison Agronomy – 13 years Todd Rogers, Edison Transportation – 20 years Rodney Schleeman, Maywood Grain – 4 years Janelle Schoen, Edison Grain – 21 years Mark Smith, Edison IT – 19 years Joshua Spencer, North Platte Grain – 3 years Jake Stewart, Norton Agronomy – 7 years Mark Wagner, Orleans Grain – 1 year Mason Weissert, Indianola Agronomy – 6 years Wally Wilson, Indianola Energy – 9 years

Harvest Meals Ag Valley employees have been serving harvest meals at many of our grain handling facilities this fall. We appreciate the hard work of those in who work agriculture and want to thank them for trusting Ag Valley Co-op with thier bushels this fall harvest.

Above Ag Valley Employees help serve the Orleans Harvest Meal. L to R: Bryce Roberts, Penny Lingg, Haley Roberts, Dudley Karlson, Jeff Krejdl, Cody Helms, Jason Hambidge, Justin Abbott, Griffin York, and Kurt Nielsen.

Above Ag Valley Employees and Maxwell FFA Chapter Members helped serve the North Platte Harvest Meal. Ag Valley Employees include (left to right) Chris Hough, Jeff Krejdl, Matt Jorgenson, and Jeff Franzen.

OCTOBER 26, 2023

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Harvest Update The 2023 harvest, is well underway. As a company, we received a total of 4,759,310 bushels of soybeans. Because of the heat and hail this summer, this represents a 12 percent decrease compared to the previous year.

Our harvest of corn is currently almost half complete for us. A total of 23.5 million bushels is what we anticipate across the company. Although there has been a rise in the total amount of milo, we have about 12% more than the crop in 2022. This year, we anticipate getting 1.6 million bushels of milo.

Left: Farmers engage in conversation while waiting to be dumped at the Edison Grain Facility.

Right: A truck is being dumped at the Holbrook Grain Facility.

The Producer Summit is December 6th!

On December 6th, Ag Valley Co-op will host our third annual Producer Summit at the Nebraska College of Technical Agriculture. Dr. David Kohl, Professor Emeritus at Virginia Tech University, will be the keynote speaker, while breakout presenters will be experts in Agronomy Markets, Energy Markets, Beef Nutrition, and Grain Markets. The event starts at 11 a.m. and ends at 5 p.m.

The event will take place in Curtis, Nebraska, at the Nebraska College of Technical Agriculture Ag Education / Welcome Center. Speaker bios and more information are available at www.agvalley.com/producersummit23.

Keynote Dr. David Kohl, Professor of Emeritus at Virginia Tech

Agronomy Breakout Mike Castle, StoneX

Energy Breakout Cheryl Karguth, StoneX

Feed Breakout Kent Tjardes Ph.D., Purina Animal Nutrition

Grain Breakout Nathan Mangold, StoneX