When the announcement of the merger study with Crystal Valley and United Farmers Cooperative was made back in early January, we had anticipated completing the study and due diligence process in March and would have brought a vote to our members before spring planting.
However, the whole process has been slowed by winter storms, meeting cancellations, and rescheduling conflicts.
At a recent joint meeting of the two boards of directors, it was decided to complete the merger study and due diligence process after spring’s work and plan for patron informational meetings and a potential vote in early summer.
We look forward to bringing you the results of the study and information on the member and company benefits of a merger between these two strong, farmer-owned cooperatives.
Read original announcement here.
View News