November 23, 2020

MaxYield Cooperative Announces Fiscal Year Results

MaxYield Cooperative® recently announced their fiscal results, for the year ending July 31, 2015.

“The last year brought a more challenging business environment in agriculture, and that is reflected in local savings being less than what we have been accustomed to the last couple of years,” stated MaxYield CEO Keith Heim.

“We began discussing a tighter business climate in early 2014 and our industry has moved into that environment during the last fiscal year.” MaxYield Cooperative achieved Locals Savings from Operations for the 2014-2015 fiscal year of $925,273. Patronage from other cooperatives totaled over $4.1 million. This combination of earnings resulted in a level of pre-tax Total Savings for MaxYield over $5 million.

Heim said that though the business year was challenging, nearly one million dollars in cash will be distributed to members in the form of patronage and Domestic Production Activities Deduction pass-through.

The cooperative’s annual meeting is slated for December 17, 2015 at the Britt Community Center.

MaxYield Cooperative is a local member owned cooperative with 15 locations and is headquartered in West Bend, Iowa. More information regarding the cooperative is available online at www.MaxYieldCoop.com and www.FromTheField.com.

 

 

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