CHS, Greenway Cooperative To Discuss Merger

Greenway Cooperative, a diversified ag retailer based in Rochester, MN, and CHS Inc., the nation’s leading farmer-owned cooperative, have signed a letter of understanding to initiate preliminary study of a formal business merger.

If approved, the outcome would include significant investment into agronomy operations in southeastern Minnesota. The Country Operations unit of CHS currently operates a service center in the Ostrander-Grand Meadow area.

“Our number one priority is to protect our members’ equity,” said Gary Hoffman, board chairman, Greenway Cooperative. “As we look to continue expanding for our members and being able to take care of the co-op’s employees, CHS brings a lot to the table.”

“As the needs of our customers grow we must find ways to provide the products and services that they require,” said Rick Jahn, board chairman of the CHS Ostrander-Grand Meadow business. “Partnering with CHS has allowed us to invest in the infrastructure and equipment that our customers demand, as well as hire and retain the quality people that our patrons depend on.”

“CHS actively looks for initiatives that help our farmer-owners grow their businesses,” explained John McEnroe, executive vice president, CHS Country Operations. “Our owners would be well-served with a business opportunity that allows us to expand our resources within our core territory.”

Any proposed business agreement would be voted upon by Greenway’s 900 voting members.

In business since 1929, Greenway Cooperative fulfills its promise of personalized solutions delivered with unmatched service from some 34 locations across 13 communities in southern Minnesota. It is a full-service agribusiness offering agronomy, energy, ag retail and grain products and services.

Topics:

Leave a Reply

CropLife 100 Stories

CHS
CropLife 100CHS Acquires Western Co-op Transport Association
March 16, 2017
CHS Inc., North America’s leading farmer-owned cooperative and a global energy, grains and foods company, has purchased Western Co-op Transport Read More
Storage Tank The Andersons
CropLife 100The Andersons To Sell Farm Center Locations In Florida
March 8, 2017
The Andersons, Inc. has signed an agreement to sell its farm center locations in Florida to Wedgworth’s Inc., of Belle Read More
Wilbur-Ellis Miller, SD
CropLife 100Wilbur-Ellis Acquires Minnesota Ag Retailer
March 7, 2017
Wilbur-Ellis Agribusiness, a recognized leader in precision agriculture technology and the distribution and marketing of plant protection, seed and nutritional Read More
CropLife 100The Grower Acreage Consolidation Question
March 3, 2017
For the past few years, one of the consistent concerns among ag retailers taking part in the annual CropLife 100 Read More
Trending Articles
Young Corn Plants
Crop NutritionStill Hunting Yields
April 1, 2017
There’s no denying it — the agricultural marketplace today is undergoing a fundamental shift in fortunes. Not too many years Read More
Nutrients for Life Foundation Teacher
FertilizerNutrients For Life Foundation Celebrates 10 Years Teaching Fertilizer Education
March 23, 2017
Those in agriculture know fertilizer is a vital ingredient to grow strong, productive crops. In fact, fertilizer is responsible for Read More
AdjuvantsA New Weed-Control Era Begins: But First, One Last Obstacle
March 4, 2017
There is trepidation, there is reluctance, and there is excitement. Ag retailers feel it all about the new dicamba and Read More
LIFT Academy video screenshot
Crop InputsLIFT Agriculture Academy: A Q&A With West Central Distribution’s Dean Hendrickson
March 1, 2017
West Central Distribution recently launched its LIFT Agriculture Academy, a new, premiere training and professional development resource for West Central’s ag Read More
Farmer and aptop
Matt Hopkins10 Warning Signs Your Website Is Grossly Outdated
February 8, 2017
Your Website is often a visitor’s first impression of your ag retail business. A positive first impression can set the Read More
AgriSync
Matt Hopkins17 Agriculture Apps That Will Help You Farm Smarter In 2017
December 9, 2016
Ag professionals are working smarter, not harder, than ever before. Smart farming technologies have enabled them to reduce costs, maximize Read More
Latest News
ManagementAn Inside Look at Award Winning Ag Retailer Gar Tooteli…
April 20, 2017
CropLife Editor Eric Sfiligoj discusses An Inside Look at Award Winning Ag Retailer Gar Tootelian Read More
Students Soybean Field
Industry NewsMACA Announces 2017 Young Leader Scholarship Recipients
April 19, 2017
The Mid America CropLife Association (MACA) Board of Directors selected 11 college students to receive the MACA Young Leader Scholarship Read More
Growmark FS Outlet
SoftwareKnoa Software Solution Helps GROWMARK Boost System Perf…
April 19, 2017
Knoa Software, a leading provider of user experience management (UEM) software, has announced that GROWMARK, Inc., a regional agricultural cooperative Read More
Crop InputsFBN Publishes ‘Voice of the Farmer’ Agricul…
April 17, 2017
Farmer’s Business Network (FBN) released today its “The Voice of the Farmer”, which the company is describing as “a special Read More
ManagementTalking Responsible Ag
April 13, 2017
CropLife Editor Eric Sfiligoj discusses the Responsible Ag program with director Bill Qualls. Read More
Crop InputsFlying Under the Radar No More, FMC Goes Big
April 13, 2017
Describing FMC as “under the radar,” admittedly, is probably a stretch. But in a snap of the fingers, FMC upped Read More
Crop InputsWhat do Roundup and Mickey Mouse Have in Common? Califo…
April 13, 2017
(SOURCE: East Valley Times) Glyphosate, the active ingredient in Monsanto Co.’s Roundup and many other weed killers, is being added Read More
Syngenta headquarters in Basel, Switzerland
Crop InputsSource: ChemChina to Divest Assets to Adama Following S…
April 11, 2017
China National Chemical Corp. plans to redistribute agrochemical assets to its Adama unit after the $43 billion takeover of Syngenta Read More
Farming drone air
Eric SfiligojThe Interest in UAVs for Agriculture Grows
April 10, 2017
At times, it seems as if experts have been predicting “big things” for unmanned aerial vehicles (UAVs) for several years Read More
OpinionOpinion: Taking On The Farmers Business Network
April 8, 2017
Well, another round of venture capital funding has come to Farmers Business Network (FBN), followed up with the obligatory feature Read More
Drone
EquipmentFarming Drones: The Future Of Agriculture?
April 7, 2017
Chances are, you already know drones are amazing. After all, this is something DroneLife readers just understand. But if you’re Read More
ManagementFMC-DuPont, Crop Plantings, and UAV Updates
April 6, 2017
Editors Eric Sfiligoj and Jackie Pucci discuss the purchase agreement between DuPont and FMC, the 2017 crop acreage mix and Read More
Falcon soil sampler
EquipmentSerious Soil Sampling Rigs
April 6, 2017
The industry has seen an increase in automation in sampling equipment, and consultants now often pull cores with an automated Read More
Iowa waterways
FertilizerDow AgroSciences Recognizes Ag Retailers’ Role in Prote…
April 6, 2017
The state of Iowa and its agriculture community have worked for decades to preserve soil health, protect water quality and Read More
Farmer Scouting Weeds in Soybean Field
EquipmentSoil, Scouting Programs Continue To Gain Value
April 5, 2017
How much growers and their retailers utilize soil testing and scouting varies greatly. But they should step up their game Read More
Forbes Mixing Bowl NYC
Precision Ag6 Key Takeaways from Forbes Mixing Bowl NYC
April 5, 2017
Advisory investment group The Mixing Bowl teamed up with Forbes for its New York-based event this year to discuss technology’s Read More
Pam Marrone
Crop InputsQ&A With Pam Marrone On The World’s First All-Biolo…
April 4, 2017
Marrone Bio Innovations Inc. and Israel-based Ground­work BioAg in February announced successful field trials of the world’s first all-biological comprehensive Read More
Corn soil
Crop NutritionBiostimulants Clamor For A Piece Of The Row Crop Market
April 3, 2017
The question these days isn’t who is venturing into biostimulants — it’s who isn’t. Or more to the point: The Read More