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Reports showed planting was way ahead of schedule in South Dakota, Minnesota and Iowa as of month’s end for not only the emerging spring wheat, barley and oats, but also for corn. Soil moisture conditions also were improving across the region.

In South Dakota, the Agriculture Department’s weekly crop report showed 31 percent of the corn crop has been planted compared to 8 percent a week earlier and 9 percent for the five-year average. In Minnesota, an estimated 48 percent of the corn was planted, compared to 11 percent a week earlier and the five-year average of 31 percent. In Iowa, 50 percent was in the ground, compared to 9 percent a week earlier and a five-year average of 32 percent.

S.D. Winter Wheat Forecast Down from 2011
South Dakota Ag Connection - 05/11/2012

The South Dakota May 1, 2012 winter wheat production forecast is 57.20 million bushels, down 14 percent from last year's production of 66.78 million bushels, according to the South Dakota office of USDA's National Agricultural Statistics Service. The winter wheat yield for 2012 is forecast at 44.0 bushels per acre, up 2 bushels from last year, but harvested acreage is estimated at 1,300,000 acres, down 290,000 acres from 2011.

Planted acreage, at 1,350,000 acres, is down 18 percent (300,000 acres) from last year.

May 1, 2012 on-farm hay stocks, at 2.40 million tons, are up 30 percent from May 2011. Hay disappearance from December 1, 2011 to May 1, 2012 was 6.00 million tons, unchanged from last year.

 US Dollar

Systemic-solvency and liquidity issues continue to plague the Fed and to restrain U.S. economic activity. Bank lending remains impaired, household income has taken a new hit, annual and monthly growth in the broad money supply appears to be stalling, again and U6 unemployment levels are at staggering levels. These ongoing financial problems have horrendous implications for the markets and systemic stability. With further money printing on the near horizon it would be wise to not trust in the faith of paper fiet money and instead put your trust in more tangible solid assets.



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Mission Statement
To offer the best quality products, service all with the local customer service you have come to expect from a "Real Community Cooperative". Our dedication to our community and shareholders is as strong today as it has been for over 80 years. We strive to stay competitive, in the agriculture cooperative industry while still doing business with a handshake.

Hoven Co-op Service Company is a shareholder owned local Co-op that specializes in bulk fuel, propane, auto and truck service,bulk granule fertilizer and transportable chemical totes. Hoven Co-op has a full service convenience store complete with a full kitchen and dining area for hungry travelers on the go. In order to increase market share we are dedicated to providing our community our clients and shareholders the best products, service and reputation in the cooperative industry. We are moving forward into the future to better serve our agricultural community while still doing business with a handshake.

• Bulk Fuel and Gasoline Delivery service
• Bulk Fertilizer and Chemical Sales
• Fertilizer Spreading Services
• Cattle Feed Retailer
• Animal Salt and Mineral
• C-Store
• 24 Hour Cardtrol Gas & Diesel
• On Farm Tire Service with the best tire man in South Dakota
• Propane - Vehicle & Cylinder Filling
• Service Center Tire sales and repair
• Lube, Oil & Grease 
• Auto & Ag Batteries
• Fuel and Propane Contracting
• Energy Risk Management Services
• Certified Ruby Fieldmaster Dealer
• Bulk Lubricant Delivery
• Firestone Certified Ag-Tire Dealer
• Michelin Certified Ag-Tire Dealer
• Goodyear automotive tires
• Co-op Certified Ag-Tire Dealer

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