AgWired

Here’s the latest installment of our “Getting To Know GROWMARK” series. Today we’ll talk energy because the company is a provider of a full range of energy products and services that includes a complete line of quality lubricants, fuel and fuel additives, and dependable heating and drying with GROWMARK propane. They also offer risk management services.

To tell us about what GROWMARK does in the energy field and especially in the area of risk managment I spoke with Harry Cooney, Energy Analyst.

Harry says the energy division is primarily used for selling fuel to member cooperatives who then sell it on to their end user customers. Gasoline, propane and diesel fuel are their primary products and they’ve got terminals in a number of states. When it comes to risk management they distribute daily information to their members about what’s happening in energy markets and also offer written recommendations to contract fuel at different times of the year.

I asked him what he thinks about the energy market today and he says it’s an exciting time since the economy has been coming back slowly and that increases demand for fuel. So they’re looking for contracting opportunities on behalf of their members. There is a seasonality to the energy markets but he says you can’t put things on autopilot and members look to them for guidance as the markets change. He says they also put on regional meetings for members that include training programs.

You can listen to my interview with Harry here and learn even more about GROWMARK Energy: Harry Cooney Interview