Ag News Links
More Ag News
 
Ag News
Farmer's Coop Elevator has record year
Published Wednesday, May 13, 2009 at 04:25 PM
The Farmer's Coop Elevator of Hemingford, Hay Springs, and Gordon recorded record sales and a record net savings in fiscal year 2008. General Manager Tod Clark says the good news was shared with patrons and employees during the coop’s annual meeting in Hemingford.

Clark says the Farmer’s Coop Elevator realized record sales of $95.5 million, record net savings of over $4.4 million, and record patronage of over $3.6 million. Clark says he attributes the success to dedicated patrons and hard-working employees.

Clark says members can expect to receive their patronage checks sometime in June. During his report to the members, Clark listed several areas of focus for the Cooperative. With investments of over $1 million last year, Clark says that the company continues to upgrade equipment and facilities, and he points to a new state-of-the-art CompuWeight scale system built in Hemingford that will increase efficiency during the 2009 wheat harvest.

One of the low points for the coop during 2008 was a December 4 fire that destroyed an old wooden elevator and office complex in Hemingford. Clark says the destroyed area will not have a negative impact on the 2009 harvest.

Tom Marcy of Hay Springs has been reelected as chairman of the board, Mike Strasburger of Ellsworth was reelected as vice-chairman, and Michael Collins of Alliance was reelected as board secretary.

© 2008 The Nebraska Rural Radio Association. All rights reserved.
This material may not be published, broadcast, rewritten or redistributed.
Rural Radio Foundation KTIC Classifieds ROS_KTIC_MARKETS_ALL KTIC Egbers Flighting & Supply Co ROS_KTIC_MARKETS_ALL KTIC Lee Valley Inc ROS_KTIC_MARKETS_ALL