CHS Agri-Service Center of Holdrege, All Points Cooperative, Gothenburg and Farmers Cooperative Grain Company, Merna want to expand the current options for how and where area farmers sell their crops.
March 1 these businesses announced their letter of intent to jointly build a shuttle train loading elevator on the Burlington Northern Santa Fe rail line serving the grain farmers of Custer County.
The Custer Economic Development Corporation understands what this could mean to the farmers of Custer County.
“It is an exciting opportunity for Custer County and the farmers in this area to not only increase their efficiency with faster movement of their grain, but to also potentially add value with an additional outlet,” remarked Liz Babcock, CEDC president.
A press release from CHS stated that construction for this state-of-the-art facility is likely to begin in Spring 2011 and should take around 12 to 14 months to complete.
“This initiative will provide a grain outlet with increased speed and space to enhance the service our area growers have been accustomed to receiving from these three co-ops,” said Ed Foster, CEO and president, All Points Cooperative.
Kenny Wallace, CEO and president of Farmers Cooperative Grain Co. in Merna sees this as a positve move forward.
“Anytime a local producer can expand his footprint in grain, the opportunity needs to be viewed as a positive for our area.”
“An opportunity to work with our neighboring co-ops on projects that add value to our customers is very exciting,” adds Don Lien, general manager, CHS Agri-Service Center. “Today the global market is asking for the commodities we raise here in Nebraska and there is no better way to meet that demand than through the cooperative system.”
CHS Inc. is a diversified energy, grains and foods company committed to providing the essential resources that enrich lives around the world. CHS is owned by farmers, ranchers and cooperatives along with thousands of stockholders across the United States. CHS is listed on the NASDAQ at CHSCP.
This goal of the new facility is to open up a new market for Custer County farmers by providing a faster service when they need to ship grain.