UC revolves $6.2M in stock

United Cooperative, a full-service farmer-owned cooperative based in Beaver Dam, this month announced it paid members about $7 million in 2017.

The co-op revolved more than $6.2 million in stock and paid $770,000 in member requests for those older than 77 and estate settlements.

“This equity revolvement is an ongoing commitment to members that United Cooperative takes very seriously,” said David Cramer, United Cooperative president and CEO. “In order for the cooperative to return equity to members, the cooperative must generate a profit. And the cooperative does not generate profits without the support, commitment and patronage from our members.”

More than 17,000 members received stock revolvement checks from United Cooperative in October.

“And as the cooperative revolves this equity, members reinvest those dollars back into their communities through other purchases and philanthropic giving,” Cramer said.

United Cooperative was named No. 45 on the United States Department of Agriculture’s Top 100 Cooperatives on Oct. 12, up nine spots from a year ago.

Formed in 1936, United Cooperative is a full-service cooperative offering feed, grain, agronomy and energy products and services to Wisconsin farmers and consumers.

United Cooperative’s 32 Wisconsin locations include facilities in Gresham, Oconto Falls, Pulaski and Shawano. For information, visit www.unitedcooperative.com.