The Deshler Farmers Elevator Co. Board of Directors has voted to redeem 5% of all stockholders' equity credit balances.   

Each year the co-op makes a profit, the co-op returns that profit to the member-owners as a patronage refund.  Your patronage distribution in a given year is based on the business that you as a member did respective to the net margins which resulted from the operations of grain and supply.  Patronage is typically paid out in a % of cash and a % of equity credits and the members pay the taxes on the entire amount, so the redemption of those equities is tax free. The equity portion of the patronage is then reinvested back into the co-op.

For the third year in a row, any stockholder with an equity credit balance in Deshler Farmers Elevator Co. will have their equity balance reduced by 5% and receive that 5% in cash.  This amount equates to a total of $108,000 being redeemed today with an additional $233,000 having been redeemed over the past year.

This is a benefit of the co-op business model. 

This is your business and we thank you for your business.