News > Articles > Central Valley Ag and Farmers Ranchers Co-op move forward in merger

Central Valley Ag and Farmers Ranchers Co-op move forward in merger

Mar 06, 2020

 (York, NE) – The Board of Directors for both Central Valley Ag (CVA) and Farmers Ranchers Cooperative (FRC) have unanimously approved the next step in a merger of the two cooperatives. The merger proposal will now be presented to FRC members for a vote with results being counted at a special meeting on April 1 in Ainsworth, Neb.
 
Initial merger discussions between the cooperatives began in January 2020, with the respective boards individually approving the merger in February after a successful merger study was reviewed.
 
FRC, headquartered in Ainsworth, will host area informational meetings in March for its members followed by mail in ballots with a special meeting to be held on April 1 to count voting results. Additional information regarding times and locations of the meetings will be posted on the FRC website and shared in the future.
 
For the merger to be finalized, FRC members must approve by a simple majority. Voting by FRC will take place by mail in ballot, and all FRC voting members are encouraged to vote. If approved, the two cooperatives plan to unite on June 1, 2020.
 
ABOUT CENTRAL VALLEY AG
Central Valley Ag is a farmer-owned cooperative headquartered in York, NE. CVA has locations in Iowa, Kansas, and Nebraska. CVA is an innovative leader providing products and services in grain, agronomy, feed, and energy. You can find more information about Central Valley Ag by visiting www.cvacoop.com.
 
ABOUT FARMERS RANCHERS CO-OP
Farmers Ranchers Co-op is a supply cooperative which serves farmers, ranchers, and residents of an 11-county region in North-Central Nebraska and South-Central South Dakota. The Cooperative has three divisions which serve customers: Agronomy, Feed, and Energy. Learn more at by visiting: www.frcoop.com
 
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Media Inquires:


Tom Palmertree, Senior VP Marketing
Central Valley Ag
Email: tom.palmertree@cvacoop.com
Phone: (402) 362-8437
 
 


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