News

We are pleased to announce that we have hired Doug Lund to be our new Vice President of Energy, started with Crystal Valley at the beginning of August and is officing out of Lake Crystal. Roger Kienholz, CEO

With the highly anticipated USDA report coming out last Monday, I think it is safe to say that it shocked most people with the outcome. Corn prices plummeted after the USDA report forecasted higher corn plantings and planted acres. Chris Whitehead - Grain Marketer

While the main office staff will be moving to Mankato, Crystal Valley will maintain its Agronomy, Energy, and seasonal Grain operations in Lake Crystal.  Patrons will still be able to stop in the Agronomy office to transact business, make payments or inquire on their accounts. We will continue to use the grain offices on the west end of the main office for receiving grain. Roger Kienholz - CEO

The only thing normal about this marketing year has been the seasonal selloff we have seen in the past three weeks.  The bulls are hoping that will come to an end with the release of the August 12th, monthly WASDE report.  Kyle Leary - Grain Marketer

The main office will move into the building currently occupied by Eide Bailly located at 1911 Excel Drive in the Eastwood Industrial Center. Moving from Lake Crystal to Mankato will occur once Eide Bailly relocates to their new downtown Mankato office later this year. 

After the stressful and wet spring, the market has priced in some risk premium as the USDA and others figure out exactly what this crop is going to look like. Crop conditions have been worse compared to last year and the 5-year average in both corn and beans. The attached graph shows how funds have completely reversed their position due to weather complications and has also assisted in the recent rally. TJ Fulton - Grain Marketer

Crystal Valley now has E-Sign for grain contracts.  Producers have the option to e-sign via text message or email.  At 5:10 pm the day you make a contract you will receive a text and/or email with your contract.  Kyle Leary - Grain Marketer

Throughout the summer our interns have each had unique experiences learning hands on what it is like to work i0n their chosen area of study. We've caught up with some of them to get their take on their time at Crystal Valley thus far.  Katie Nelson - Human Resource Intern