Friend of @GROWMARK Honored

Cindy Zimmerman

Dr. Robert A. Easter, University of Illinois President Emeritus and Professor Emeritus, was honored with the “Friend of GROWMARK” award at the GROWMARK annual meeting in Chicago today. Dr. Easter assumed the presidency of the University of Illinois July 2012. He spent his entire 40-year career as a senior administrator and faculty member on the Urbana-Champaign campus, where he earned …

Cooperatives, FS System, GROWMARK, University

GROWMARK Reports Estimated Year-End Financials

Cindy Zimmerman

At the GROWMARK annual meeting in Chicago today, CEO Jim Spradlin reported the estimated year-end financial results for the cooperative to stakeholders in attendance. For fiscal year 2015, the unaudited, estimated sales for GROWMARK are reported to be $8.8 billion with pretax income is estimated at $140 million. An estimated $61 million in patronage refunds will be returned to GROWMARK …

Cooperatives, FS System, GROWMARK

“Ahead of the Curve” Theme for @GROWMARK Annual

Cindy Zimmerman

As one of the nation’s largest, oldest, most profitable and most respected farmer cooperatives, GROWMARK has always been ahead of the curve, so it is an appropriate theme for this year’s annual meeting, coming up August 27-28 at the Hilton Chicago. “We do think that GROWMARK and the FS System are ahead of the curve,” says GROWMARK Corporate Relations Manager …

Audio, Cooperatives, GROWMARK

Priority Issues for GROWMARK

Cindy Zimmerman

There is never any shortage of legislative and regulatory issues that could impact agricultural producers, which is why GROWMARK Executive Director for Corporate and Government Relations Chuck Spencer is a busy guy. I just happened to catch him in the office when I stopped by GROWMARK headquarters in Bloomington, Illinois this week and was able to chat with him about …

Audio, Cooperatives, Government, GROWMARK

Farmers to Decide on CentraGro Cooperative

Kelly Marshall

The Boards of Directors for North Central Farmers Elevator (NCFE) and Wheat Growers (WG) have reached an agreement to join the two cooperatives.  Now it is in the hands of the members to ratify the decision and become  member-owned, locally governed CentraGro Cooperative. “The vote on the Unification Agreement taken by our Board members reflects the overall support we’ve heard from …

Agribusiness, Company Announcement, Cooperatives

GROWMARK Report on Perception & Commodity Pricing

Jamie Johansen

A new report from GROWMARK Research demonstrates how commodity market capital flows distort our perception of the effect that news has on commodity prices. “News, Money and Prices” shows that money flows constitute an independent causal force on prices that have a life of their own; they represent additional demand. Often, it is not the news causing prices to rise; …

Agribusiness, Cooperatives, GROWMARK, Research

Farmers Union President Discusses Sustainability in Ghana

John Davis

National Farmers Union (NFU) officials made a stop in Africa to talk about how cooperatives can promote sustainability. This news release from the group says NFU President Roger Johnson talked about the development of cooperatives at the National Food and Agric Show (FAGRO) in Ghana. “I am excited to be able to discuss and promote cooperatives as a means for …

Cooperatives, International, NFU, Sustainability

FS Crop Advisers Help with Nutrient Management Plans

Cindy Zimmerman

This is the final installment of a four part series on Nutrient Management sponsored by FS/GROWMARK John Musser, a crop adviser with Stephenson Service Company, has been a crop consultant for over 30 years and a Certified Crop Adviser for the past two decades. He was the 2012 winner of the Illinois Certified Crop Adviser Award for helping his growers …

Audio, Conservation, Cooperatives, Farming, GROWMARK

Top 100 Ag Cooperatives

Cindy Zimmerman

It’s still National Cooperative Month, which is when USDA traditionally releases its top 100 list of agricultural cooperatives. According to USDA, Iowa has the most agricultural cooperatives of any state at 16, up from 11 a decade ago. Minnesota ranks second among the states, with 13. It is followed by Nebraska with nine, Illinois and Wisconsin with five each, then …

Cooperatives, GROWMARK, USDA

Cooperatives Set Another Record

Cindy Zimmerman

October is National Cooperative Month and once again the nation’s agricultural cooperatives set a new sales record for 2013. According to USDA, total business volume in 2013 surpassed $246 billion, exceeding the 2012 record by $8 billion or four percent. This is the third consecutive year of record sales by ag cooperatives, reflecting increased sales in the overall farm economy …

Cooperatives, USDA