KEVIN JONES, PRESIDENT / CEO Kevin.Jones@NuWay-KandH.com As I write this, we have two months left in our fiscal year; however, the majority of our business is in the books. So, I can confidently predict we’ll achieve or be ahead of budget in all departments except propane. Last season’s non-existent dryer season and a warmer-than-normal winter
Meeting or Exceeding Goals Read More »
Newsletter
As of Monday July 1st, the strength in the market has continued, with diesel prices jumping over 3% in just one session. Oil prices gained 6% in June after sagging in May. The RSI ( Relative Strength Index) is sitting at 67.9. Anything above 70 is considered to be in Overbought territory, which would indicate
Energy Market Update – July 3, 2024 Read More »
Energy Update
If you have been affected by the recent flooding our region has seen, and rely on propane as an energy source, please take into consideration this information about propane safety. Floods can damage your propane equipment. A large propane tank can become dislodged from its service line and float away, striking trees, vehicles, or other
Propane Safety and Floods Read More »
Uncategorized
Understanding Cooperative Principles: Voluntary Membership and Member Economic Participation NuWay-K&H Cooperative, we believe in the power of community and the strength of working together. Our cooperative model is built on principles that ensure fairness, inclusivity, and shared responsibility. Two fundamental principles that define who we are and how we operate are voluntary and open membership,
Cooperative Principles Read More »
CommunityOil supply growth for 2024. Rysted Energy reported earlier this week that they expect a slowdown in 2024 of global oil supply growth. This is due to OPEC+ extension on production cuts. Rysted Energy also stated they see a 80,000 barrel per day growth versus their before prediction of 900,000 barrels per day. The group
Energy Market Update – June 20, 2024 Read More »
Energy UpdateThe market has had a bearish tone lately. The real surprise is Gas. Memorial Day weekend is the typical beginning of the summer driving season and higher gas demand for the United States. There have been a few slight up days in the last 2 weeks but mostly gas has been trending down. Distillate and
Energy Market Update – June 5, 2024 Read More »
Energy Update
As the 2024 crop season begins, growers are facing a familiar foe – early weed establishment before crops even get in the ground. Thanks to an abundance of warm temperatures and rainfall this spring in our territory, fields are already seeing aggressive growth from tough weeds like giant ragweed, kochia, lambsquarters and more. Fortunately, there
Combating Early Season Weed Growth with Greeneye Selective Spraying (2024) Read More »
AgronomyOil and products are lower today as the market looks to continue this week’s slide. Worries surrounding economic conditions and fuel demand due to higher interest rates along with expectations that the FED will not cut rates until fall at the earliest is weighing on prices. Further insights into the FED’s policy could be seen
Energy Market Update – May 22, 2024 Read More »
Energy Update
At the core of the cooperative model is a commitment to strengthening our local communities. We strive to be active community members, reinvesting resources to benefit the areas we serve. Recently, we had the opportunity to support the Trimont Ambulance Service, an organization that our community depends on! Through a combined donation of $8,000 from
Living the Cooperative Way: NuWay-K&H Gives Back to Trimont’s First Responders Read More »
Community
Living in rural communities means increased farm traffic on the roadway in the spring. Farmers spend an estimated 50 hours a year moving equipment on public roads. Most paved roads are 18 to 20 feet wide and 70 percent of farm machinery is more than 13 feet wide. According to statistics from MN DOT, there
Road Safety Tips for Rural Communities Read More »
Agronomy