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Pride Ag Resources 3rd Quarter News Letter

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MANAGER’S DESK

Jerald KemmererCEO/GM Pride Ag Resources

I hope your summer is going well. We have been really blessed with very good moisture so far this year but need a few more timely rains to finish off what has the potential of some very good fall crops. The subsoil profile is looking good at this time. We just finished the 2023 wheat crop. We will refer to it as a wheat crop that was better than we expected in total bushels and test weights. It was still a poor crop but we did receive some rain throughout the harvest to keep the fall harvest bushels going. But it did cause some weed issues and low test weight issues. The 2023 crop was about 50 percent of a normal average crop intake for Pride Ag Resources. This did surprise us

as we anticipated a third of a normal crop before harvest. The wheat futures are in a political market with the Russian -Ukraine war and what impact it has to wheat coming out of the ports in the Black Sea Market. The pricing opportunity for hard winter wheat has been a fortunate opportunity to our customers and even some are looking at the 2024 wheat crop prices. Call the office and talk to our grain marketing team to help you with your grain marketing opportunities and different contracts. We offer both wheat and fall crops. Thanks to those members who were able to attend and celebrate your coop’s 107th Annual Meeting. I also appreciated Nelson Neal; who is the leader of Global Research for CHS, for providing a good market outlook presentation that evening. Pride Ag Resources Foundation gave out ten $1,000

Third Quarter 2023 scholarships to our area high school seniors whose parents are members of Pride Ag Resources. Congratulations to this year’s scholarship winners and we are proud of their accomplishments. Pride Ag Resources has given over $100,000 in scholarships since its short existence with the help of CoBank. Thanks to all of our area youth who participated in the county fairs. You know summer is starting to wind down when it becomes county fair time. Congratulations to all the youth that participated in 4-H and FFA with their fair projects this year. Pride Ag Resources is proud to be involved with supporting 4-H and FFA in the eight counties that we serve. It was exciting to see the accomplishments by our youth especially the ones that our team of employees were able to help provide service for. I hope you are able to enjoy the rest of your summer

Inside This Issue 2 Safety 3 Ace Hardware - Grain 4 Grain - Agronomy 5 Agronomy - Feed 6 Feed - AV Energy 7 Employee Spot Light–Board of Directors


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