August 17, 2019

Standard Nutrition & MaxYield Announce Joint Venture

MaxYield is excited to announce that we have formed a joint venture with Standard Nutrition at their feed mill in Waverly, IA, which is the former Schneider Milling location. The following letter was sent recently to clients of the Waverly feed mill. More details will be forthcoming in the near future. Do not hesitate to contact Ben Buie or Mick Hoover at MaxYield at 515-200-5115 with questions.

Standard Nutrition at Waverly, IA and MaxYield Cooperative Announce
Grain Purchasing Joint Venture

August 1, 2019

Dear Valued Standard Nutrition Grain Client:

We are excited to announce that MaxYield Cooperative and Standard Nutrition have entered into a grain purchasing and risk management joint venture. Effective August 1, 2019, MaxYield Cooperative will be handling the grain purchasing, grain accounting and risk management at Standard Nutrition’s feed mill, the former Schneider Milling location east of Waverly, IA (3601 E. Bremer Ave).

Since 1995, MaxYield has provided grain procurement and risk management services to feed mills and grain end-users in the Midwest, including Kerber Milling/Standard Nutrition in Emmetsburg, IA and the Hawkeye Pride poultry feed mill near Corwith, IA.

Headquartered in West Bend, Iowa, MaxYield Cooperative is a local farmer-owned, diversified cooperative founded in 1915. We have 24 locations and 3 Cenex convenience stores that serve members and clients in Iowa and southern Minnesota. We invite you to learn more about our cooperative at www.MaxYieldCoop.com and www.FromTheField.com. Cash grain bids for the Waverly feed mill are posted to www.maxyieldgrain.com/corn-bids.

We look forward to providing your grain marketing solutions in Waverly, including cash grain marketing options, firm offer programs, off-farm trucking solutions and innovative grain contracts and risk management strategies.

It is also important to note that ALL existing grain contracts and financial terms at Standard Nutrition in Waverly will be honored by MaxYield Cooperative after August 1.

Thank you for your past grain business with the Waverly feed mill. We are excited to get to know you and provide solutions that benefit your farming operation.

More information about this transition and the solutions we offer will be provided soon. In the meantime, do not hesitate to contact Ben Buie, grain team leader at 515-200-5115, bbuie@maxyieldgrain.com or Mick Hoover, risk management team leader at 515-200-5115, mhoover@maxyieldgrain.com for more information about MaxYield, our bids, grain contracts and risk management programs.

Sincerely,

Ben Buie
Grain Team Leader

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