On Tuesday, February 7, several CFC employees and their families went to pack food for 'Kids Against Hunger' in Sioux Falls. In just over an hour, our group was able to pack 4,968 bags of food which will be sent to aid starving families in 3rd world countries. Thanks to matching funds by Land O'Lakes, a donation of $1000 was given to the cause.
CASH BACK
Central Farmers Cooperative, located in Canova, Dimock, Freeman, Lyons, Marion, Montrose and Salem, is pleased to announce another round of patronage refunds and equity retirement!
CFC's financial performance in fiscal year 2011 reflects another very successful year that your cooperative achieved in a competitive agribusiness environment. As in the past, CFC's on-going success for the future continues to be measured by the continuing support of our cooperative members.
We are pleased to report that the Board of Directors has declared patronage refunds of $2,423,301 for fiscal year 2011, of which $848,155 will be refunded in cash and $1,575,146 will be in allocated equities. In addition to the $2,423,301 in patronage refunds, the Board of Directors authorized the redemption of $3,335,787.19 of allocated equities in a cash payment. This CASH redemption includes the equities of any patron turning age 70 in 2011 and, in addition, the redemption of all outstanding equities allocated prior to 1997.
The combination of $848,155 in cash patronage with the $3,335,787.19 in equity redemptions represents a total of $4,183,942.19 in CASH PAYMENTS to CFC members! These checks will be issued by the end of January 2012.
A solid balance sheet with good local earnings and cash flow from local operations makes this redemption possible while allowing your cooperative to continue re-investing in assets to better serve our patrons.
CFC looks forward to serving the needs of our patrons for years to come.
2012 CFC Agricultural Scholarship
Central Farmers Cooperative will award a $1000.00 scholarship to one or more graduating high school seniors whose parents are current producer members of the coop. Student must be enrolled in a South Dakota post-secondary education school and pursuing a career in agriculture. Scholarship funds will be awarded after the student has registered for the second semester.
Click HERE for the application, which must be postmarked no later than March 15, 2012. Scholarship winners will be notified by mail prior to May 2012.
Please contact Kayla Witt at 605-648-3941 for any questions regarding your I-View Account!
2012 Bean DP Storage Policy
2012 Winter Wheat Policy
2012 Corn Storage Policy
Corn Moisture Program
Below are pictures from 12/28/11 & 12/29/11 of the concrete being poured at our new elevator in Lyons, SD.
We now have an office located in Lyons 605-543-5400 or toll free 888-223-1215. Please see the below Lyons link for pictures of progress and other important information.
We are excited to announce the construction has begun on the New Grain Terminal located near Lyons, SD. A new menu item has been added to our website to help customers easily navigate to access the most up-to-date information regarding progress of the new facility. Pictures are now available!!!
Click HERE to be taken directly to the Lyons Webpage!
Fremar LLC will NOT accept any treated soybeans at any of our facilities in grain deliveries.
Rainbow over CFC Marion: Compliments of the Schmidt Family
Click Here to Listen to our Radio Spot.
Listen for us on WNAX, 570am!
Find out the latest happenings at Central Farmers by listening for
our radio spots, featuring customer and employee interviews.
FREMAR, LLC, acting as an Agent for NuGen Energy, LLC, is procuring corn for the Marion Ethanol plant, owned by NuGen Energy, LLC, a licensed and bonded South Dakota Grain buyer.
