Central Valley Ag returns profits to its member-owners

Central Valley Ag (CVA) cooperative continues to exemplify the cooperative spirit by giving back to its member-owners. Recently, the CVA Board of Directors approved a total of $13.8 million in patronage refunds for Fiscal Year 2025, demonstrating the cooperative's dedication to its members' success and the strength of its business model. 

Of the approved amount, $7.5 million will be distributed in cash, while the remaining $6.335 million will be allocated as non-qualified deferred patronage. This structure allows member-owners to pay taxes only on the cash portion received now, deferring taxes on the non-qualified equity until it is redeemed in future years. The board also approved passing through a portion of CVA's Section 199A(g) deduction of $4.925 million for qualified patrons to use on their tax returns. Amounts will be listed on members 1099-PATR form that will be received in January 2026. 

"This past year has been challenging for everyone in agriculture, and we understand the pressures our member-owners have been facing," said Nic McCarthy, president and CEO of CVA. "That's why returning value through this patronage payout is especially meaningful. It represents the resilience of our members and the dedication of our employees. We are proud to stand with our producers during a difficult economic climate." 

Patronage refunds are calculated based on member volume during CVA's fiscal year, which ran from September 1, 2024 to August 31, 2025. Patronage checks were mailed to member-owners on November 26, 2025. 

"In a year where many have felt the strain of a tough economy, the cooperative model has shown its value," McCarthy said. "We remain committed to strengthening CVA for the long term and supporting our member-owners through every challenge."