GROWMARK CEO Jeff Solberg had great news for the system’s stakeholders at the Annual Meeting in Chicago Friday.
“Our sales this year are $8.5 billion, which is a record level of sales for us,” Jeff said. “A lot of that is price inflation, we’re a commodity based business, but we also have a lot of volume growth there – higher plant food volumes, higher crop protection volumes, seed volumes are up and our energy volumes are up.”
Jeff says after tax income this fiscal year is $182 million. “That’s our second best year in history and we’re very, very proud of that,” he said. Patronage to members will amount to about $80 million.
Listen to my interview with Jeff Solberg here. GROWMARK CEO Jeff Solberg