Premier ended our fiscal year July 31, and, despite challenging circumstances, it was a record year for our company.
The greatest external influence we dealt with over the last fiscal year was the weather, which greatly tested our decision-making skills, supply channel, and resolve. Difficult weather years like 2014 allow consumers to more easily see differences in their local providers’ capabilities and we believe we proved we were up to the task.
Responses to a survey from our customers expressed satisfaction of over 90% as it relates to the job we did. This strong endorsement helps build our confidence that we are successfully focusing on meeting your needs.
Weather and supply could again be a challenge for this upcoming year and much of this issue covers what happened last year, how Premier responded, and what we all can do collectively over the next several months to minimize any negative consequence for 2015.
Brief summaries follow:
Propane (Home heat, grain drying): This past summer’s weather was ideal for both people and grain crops. Southern Indiana is certain to experience record corn and soybean yields. Most likely these record yields will be harvested wetter than normal and will require more propane than usual to dry the grain prior to going into storage. So, as we look at the overall supply of propane for home heat we may again see challenges, especially if we have another cold winter. Please look over the “Winter Heating Tips “ article for deeper analysis and recommendations.
Liquid Fuels: Harsh winter weather taxes the operability of liquid fuels. There are great differences in fuels and their ability to operate in extreme conditions. In addition, how your fuel is cared for while in storage is important to winter operability. Please look over the article on “Winter Fuel Tips” to learn more about this important topic and what Premier Energy is doing to make sure you are prepared for anything old man winter may throw our way.
Row Crops: Again, the entire Midwest Corn Belt is certain to experience a record harvest this fall. Higher yields will likely cause the price per bushel to go lower, putting pressure on farm profitability. Our TRAX crop management system helps to advise growers on the best ways to optimize yield and maximize profitability while remaining responsible stewards of the land, water, and air. Production agriculture wants to continue to be good stewards of our natural resources and our latest articles about Sustainable Agriculture and our Answer Plot go in to greater detail on what we are doing.
Finally, we thank everyone who placed their trust in us as a supplier this past year. We know you have choices and we will continue to do all in our power to keep your trust, and your business. Again, thank you.