Archive for February, 2011

E.I. Medical Imaging announces new Facebook page

E.I. Medical Imaging (EIMI) announced the creation of their new Facebook page www.facebook.com/eimedical to help the company interact with its growing world-wide customer base.

In an effort to communicate more effectively with customers, distributors and “friends,” EIMI has created an informative and interactive Facebook page www.facebook.com/eimedical.   This social media platform will allow EIMI customers to not only interact with the company, but with one another.  EIMI will be running promotions and contests on Facebook over the next several months.

Oelberg receives Diamond V’s 2010 President’s Award

Tom Oelberg, Ph.D., Dairy Field Technical Specialist for Diamond V, received the Diamond V’s President’s Award at a special ceremony held Feb. 5, 2011.  This prestigious award is bestowed upon an individual in recognition of outstanding leadership, dedication, contribution, and service to the company.

Diamond V Dairy Field Technical Specialist Tom Oelberg, Ph.D., (2nd from right) receives the Diamond V President’s Award from John Bloomhall, Diamond V President and CEO (2nd from left); Curtis Harms, DVM, Diamond V Central Region Manager (far left); and Gerald Poppy, DVM, MBA, Diamond V Director of North American Dairy (far right).

Dr. Oelberg was recognized for his development and implementation of the dairy total mixed ration (TMR) audit system. Dr. Oelberg has traveled throughout the United States and Canada performing TMR audits. Known for innovative nutritional strategies, Diamond V and its TMR Audit Program help dairymen make better nutritional choices for healthier cows and improved production efficiency.  Dr. Oelberg has worked in the Upper Midwest dairy industry for more than 24 years and has been with Diamond V for four years.

About Diamond V

Diamond V, headquartered in Cedar Rapids, Iowa, USA, is the world’s leading supplier of nutritional fermentation products used to optimize digestive function and nutrition key to animal and aqua health, productivity, efficiency and profitability.  Our commitment to innovation, technology and quality has earned Diamond V a global reputation of trust and reliability within the animal feed industry.  For more information contact Diamond V at 800-373-7234 or on the Web at www.diamondv.com.

Minnesota/Select Sires Co-op, Inc.
 celebrates 25th anniversary

Minnesota/Select Sires Co-op, Inc. celebrated the cooperative’s 25th anniversary on Jan. 1, 2011.

Minnesota/Select Sires traces back to 1977 when two sales representatives were hired by Select Sires to begin sales efforts in Minnesota, North Dakota, western Iowa and eastern South Dakota. This became known as the North Central division. Gradual growth continued from 1977 to 1984, when additional employees were added. In 1985, a strong cooperative philosophy and groundswell of support from Minnesota dairy and beef producers pushed for the formation of Minnesota/Select Sires. The groundwork began, and Minnesota/Select Sires was established on Jan. 1, 1986, as a member-owned cooperative of Select Sires Inc. Four years later, North Dakota joined the cooperative.

Based in St. Cloud, Minn., Minnesota/Select Sires Cooperative is the farmer-owned and controlled cooperative that operates in Minnesota and North Dakota for Select Sires, Inc. (North America’s largest A.I. organization).

New website goes live at Bison Industries, Inc.

Bison Industries, Inc. launched of their redesigned website, apacheequipment.com.

With the recent move of the Henke Buffalo product line from Columbus, NE to the Norfolk, NE manufacturing facility, the entire family of products; Apache, Palco, Henke Buffalo and Sani-Pak are now manufactured under one roof.

Bison Industries, Inc. has a nationwide presence with many dealers throughout the country. Apache Equipment has provided a full line of Livestock Feeding & Hay Handling Equipment for over 30 years.  Palco is predominately cattle handling equipment such as tubs, chutes and alleys.  Since 1945 Henke Buffalo has been specializing in bale movers, roller mills, mixer wagons, scrapers and row crop tillage equipment, most notable being their ridge and no-till cultivators.  Sani-Pak provides a wide range of waste containers and dumpsters.

For more information on Bison Industries, Inc. contact: Bison Industries, Inc. 1001 East Eisenhower Ave, PO Box 1247, Norfolk NE 68702; phone 800-345-5073; www.apacheequipment.com; apacheinfo@telebeep.com.

Natzke joins Accelerated Genetics as product advertising coordinator

Kristin Natzke of Windsor, Wis. has joined Accelerated Genetics as the product advertising coordinator. She will be based out of the Accelerated Genetics administrative headquarters located in Baraboo, Wis. In her new role with Accelerated Genetics, Kristin will be responsible for creation and implementation of product advertising campaigns and development of unique collateral materials to promote all of Accelerated Genetics products and programs.

Kristin is no stranger to Accelerated Genetics, she served as the Marketing Communications Intern for Accelerated Genetics in 2009 and most recently was working full-time in a temporary position in the communications division.

She is a 2010 graduate of the University of Wisconsin-Madison, where she majored in Life Science Communications with a business emphasis. At the university she was active in the Badger Dairy Club, Association of Women in Agriculture, National Agri-Marketing Association and served on the Dairy Judging Team.

Kristin possesses a strong background in the dairy and industry, having been extremely involved with her family’s registered cattle–Crestbrooke Holsteins and Jerseys. She has been involved with the show string at the various show, was active in the Junior Holstein Association, along with being involved in 4-H and FFA. In 2009, she was honored as the Wisconsin Holstein Outstanding Girl and as a National Holstein Distinguished Junior Member Semi-Finalist.

Accelerated Genetics is a global provider of bovine genetics and research, reproductive services, and solution-based animal health products. Accelerated Genetics’ vision is to be the forerunner in developing innovative technologies and exceptional services that will aid customers in achieving their ultimate herd goals.

Brackmeyer joins BouMatic®

BouMatic®, a global dairy equipment and chemical manufacturer, announced that Larry Brackemyer has joined the company as Dairy Solutions Program Manager.

As part of the North American Dairy Solutions sales team, Brackemyer will be a BouMatic sales specialist with a focus on dairy system development throughout North America.  The Dairy Solutions team supports all BouMatic product sales in North America and utilizes its broad knowledge of milking system planning and design to provide expansion, relocation and new system sales consultation to commercial dairy producers.

Starting his career in the dairy industry as a Dealer Route Sales and Service Rep in 1971, Brackemyer eventually bought out the Dealer and operated it for over 25 years.  More recently, Brackemyer specialized in dairy development including, facility planning, relocation and regulatory issues.

BouMatic is a full line manufacturer and supplier to the global dairy industry with product lines ranging from cow traffic systems, milk harvest equipment, automation and management systems, milk cooling systems, dairy hygiene and sanitation technologies.  Visit www.boumatic.com.

Monsanto to provide more than $1 million to support FFA in 2011

One of the world’s largest agricultural corporations will sponsor 14 high-profile National FFA Organization programs in 2011 designed to develop the leadership, agriscience and teamwork skills of FFA members throughout the country.

St. Louis-based Monsanto Company (NYSE: MON) will provide more than $1 million in sponsorships of National FFA Organization programs, awards, events, student scholarships and more this year. Monsanto’s support will help finance the National FFA Organization’s Washington Leadership Conference, National Leadership Conference for State Officers, Agriscience Student of the Year program and 11 other national initiatives.

The annual Washington Leadership Conference, held during the summer, is a five-day event in Washington, D.C., that teaches FFA members throughout the country how to become effective leaders. The three-day National Leadership Conference for State Officers, offered throughout the summer in various states, teaches FFA officer teams from throughout the nation advanced interpersonal communication strategies and presentation delivery techniques. The Agriscience Student of the Year program recognizes high school students who discover creative solutions through research and theories to challenges within the agriculture industry; the winner will be named at the annual national FFA convention in October.

The National FFA Foundation builds partnerships with industry, education, government, other foundations and individuals to secure financial resources that fund FFA activities, recognize member achievements, develop student leaders and support the future of agriculture education. Governed by a 19-member board of trustees comprised of educators, business leaders, individual donors and FFA alumni, the foundation is a separately-registered nonprofit organization. About 82 percent of all sponsorship dollars received by the foundation support FFA members and agricultural education opportunities. For more, visit the National FFA Foundation at http://www.ffa.org/donate.

AgriLabs names Glassford new marketing V.P.

Steve Schram, President and CEO of AgriLabs, announced that James Glassford has joined the company’s executive management team as V.P. of Marketing.

Glassford previously held leadership positions in marketing and sales with Central Garden & Pet, Virbac and Hills. In his new position, he is charged with implementing effective allocation of AgriLabs marketing resources to expand the company’s food animal business; promoting industry-wide programs with our 16 animal health owner-distributors and their combined 800+ member sales force; integrating and developing the TradeWinds Division’s veterinary, pet store, breeder and groomer businesses; and spearheading the marketing of the Healthy Difference line of products.”

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About AgriLabs:

AgriLabs (www.AgriLabs.com) is an animal health, sales and marketing organization with distribution throughout the United States. The company’s partnership structure and philosophy, together with a commitment to expeditious product development, provide a smooth, efficient system for manufacturers from around the world to transfer technology from research laboratories to the marketplace. Through technology transfer and cooperative development agreements, AgriLabs has introduced state-of-the-art products for beef, dairy and companion animals.

CoBank reports 2010 financials

CoBank, a leading cooperative bank serving agribusinesses and rural infrastructure providers throughout the United States, today announced fourth-quarter and full-year financial results for 2010. Full-year earnings and net interest income reached record highs, and loan quality continued to improve throughout the year.

CoBank’s full-year net income was a record $613.8 million, up 8.6 percent from $565.4 million in 2009. Net income for the fourth quarter of 2010 was $162.8 million, compared with $132.6 million in the same period in the prior year. Full-year net income reflected the benefit of refunds of Farm Credit insurance premiums paid in prior years, a lower premium in the current year, a lower provision for loan losses, and greater fee income. Those positive earnings drivers were partially offset by impairment losses in the bank’s investment portfolio and other factors.

Average loan volume during 2010 was $45.5 billion, up 2.3 percent from the prior year. A key driver was higher seasonal financing requirements from agribusiness customers due to the sharp increase in prices for grains and other agricultural commodities that occurred in the latter part of 2010. The bank also increased its lending to rural electric distribution cooperatives around the country. Those increases were partially offset by lower levels of borrowing from customers in the rural communications industry, where overall demand for debt capital remained weak. Average loans to other banks and associations in the Farm Credit System were essentially unchanged, reflecting relatively flat loan demand at the producer level of the U.S. farm economy. Total loan volume for the bank at December 31, 2010, was $50.0 billion, compared with $44.2 billion at the end of 2009.

Full-year net interest income for CoBank rose 0.5 percent to $950.8 million, from $946.0 million in 2009. In the fourth quarter, net interest income increased 20 percent to $275.9 million, compared to $229.9 million the prior year, largely due to the increase in agribusiness loan volume cited above.

In March, the bank will pay $284.6 million in total patronage distributions, including $194.1 million in cash and $90.5 million in common stock. For most customers, that represents 100 basis points of average loan volume, lowering their overall net cost of debt capital from CoBank.

U.S. AgBank Merger Update

In December 2010, the CoBank and U.S. AgBank boards of directors unanimously approved a letter of intent to pursue a merger during 2011. Based in Wichita, Kansas, U.S. AgBank is one of the four other funding banks in the Farm Credit System. The combined bank would continue to do business under the CoBank name and remain headquartered outside Denver, Colorado, but it would maintain U.S. AgBank’s existing presence and operations in Wichita and Sacramento, California.

The combined bank would have approximately $90 billion in assets and serve as a wholesale provider of financing to Farm Credit associations that provide credit and financial services to more than 70,000 farmers, ranchers and other rural borrowers in 23 states. It would also serve as a direct lender to farmer-owned agricultural cooperatives, other agribusinesses and rural electric, water and communications service providers throughout the country.

The merger requires the approval of CoBank and U.S. AgBank shareholders as well as the Farm Credit Administration. Since announcing the merger proposal in December, the banks have been conducting formal due diligence and preparing a comprehensive merger disclosure document, which will be submitted to the FCA for its review prior to distribution to shareholders later this year. FCA submission is scheduled for the end of March, with stockholder votes expected to take place in the summer. If stockholders endorse the transaction, the merger is expected to close on October 1, 2011.

Customer Meetings and 2010 Earnings Webcast and Conference Call

CoBank will provide information about the merger and its 2010 financial results at its upcoming series of regional customer meetings, which will take place in nine cities around the country between February and July of 2011. Managers and directors of any CoBank borrower are invited to attend these meetings, as are representatives of all Farm Credit institutions. For complete details about the meeting program, please visit the bank’s meetings page at www.cobank.com/meetings.

In addition, the bank will hold its annual conference call and webcast at 3 p.m. Eastern time on Tuesday, March 1. The 60-minute call will feature a presentation of 2010 financial highlights, a merger overview and Q&A with CoBank executives.

To join via phone, call 866-362-4820 and use passcode 16622859. To join via the Internet, visit www.cobank.com and click on the “2010 Earnings Webcast” link at the top of the page.

Kemin and Avian Technology International announce distribution agreement

Avian Technology International (ATI) and Kemin Industries have signed a distribution agreement allowing ATI to sell Kemin feed ingredients in Puerto Rico, Trinidad, Jamaica and Panama.

Kemin provides nutritional solutions that contribute to the safe, efficient and healthy production of animal protein. Avian Technology, an established provider of poultry equipment in Latin America for more than 20 years, sells Kemin products Myco CURB® brand Mold Inhibitor, ENDOX® brand Antioxidant and Sal CURB® brand Antimicrobial.

Myco CURB® is a mold inhibitor that preserves the feeding value of animal feed and feed ingredients by stopping the activity of naturally-occurring molds. It increases the shelf life of feeds with long-lasting mold protection.

ENDOX® is a synergistic mixture for stabilizing fats, vitamins and pigments in premixes, concentrates and final feeds.

Sal CURB® is an antimicrobial that ensures microbial safety from residual pathogens and promotes stability of feeds during production. Sal CURB® is used throughout the production process, preventing contamination and maintaining feeds and feed ingredients Salmonella negative for up to 21 days.
Kemin – Inspired Molecular Solutions™
Founded in 1961, Kemin Industries (www.kemin.com) is celebrating its 50th Anniversary of providing “inspired molecular solutions” specifically developed to provide nutrition and health benefits for humans and animals.  Kemin distributes approximately 500 specialty ingredients worldwide to the feed and food industries as well as to the health, nutrition and beauty markets.  Kemin ingredients positively impact more than 1.3 billion people a day.

Avian Technology International
From the United States to the world, Avian Technology is a leading American supplier and exporter of broiler hatching eggs, vaccines, and poultry and swine production equipment. Founded in 1989, the company has offices the United States and Panama and serves clients around the world. For more information about Avian Technology, call 770-287-8006 or visit www.aviantech.com.

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