University of Wisconsin Center for Cooperatives
Year in Cooperation: A Cooperative Development Magazine
Published by the Minnesota Association of Cooperatives
Spring 1996 -- Vol. 2 No. 2
A Sampling of Cooperative Projects in the Upper Midwest
MOPRO, Inc. is holding share offering meetings during January in southern Minnesota.
MOPRO is a farmer owned cooperative that hopes to begin construction of egg production barns
this spring. Plans call for growth to a 2.5 million hen capacity in three years.
Lakewinds Natural Foods Cooperative has completed an expansion that makes it the
largest food co-op in the Metro Area. The 11,500 square foot store on Minnetonka Boulevard
features a new meat department and a full size deli.
North American Bison Cooperative is planning to double the capacity of their
slaughtering plant to 10,000 head this year. The New Rockford, ND cooperative will raise the
capital by selling 2,500 delivery rights shares.
Farmland Industries, Inc. has purchased the "Farmstead" brand name and some of the
pork processing assets of Seaboard Corporation. Seaboard had closed an Albert Lea, MN hog
slaughtering plant that produced the "Farmstead" products.
Valley Wool Growers Association held their annual meeting on January 15 in Page,
ND and voted to go ahead with a feasibility study of constructing a processing plant for marketing
premium lamb products.
Dakota Growers Pasta Co. reported net margins of $1.4 million for the first fiscal year
of operation. The Carrington, ND cooperative produced 100 million pounds of pasta in a year
when durum what market prices nearly doubled.
North American Fish Farmers Cooperative moved into a remodeled office in Binford,
ND during November. The offices are across the street from their Heartland Fisheries processing
Foremost Farms more than doubled membership numbers to 7,400 dairy farmers with
the most recent Morning Glory Farms merger. The cooperative hopes to pare operating expenses
by $10 million to help members compete in a market driven dairy industry.
South Dakota Soybean Processors has started construction of their $32 million
processing plant in Volga. The plant should be ready to start crushing the 1996 crop for 2,200
South Dakota and Minnesota members.
LaSalle Farmers Grain Company completed an expansion project at Madelia, MN this
past fall. The expansion included a new silo with a capacity of 400,000 bushels, rail sliding for
100 hopper cars and an automated scale.
Minnesota Valley Alfalfa Producers Cooperative is one of three finalists bidding for
funding by Northern States Power Company's biomass energy project. The Granite Falls
cooperative is also being considered for a U.S. Department of Energy sponsored program that
could generate up to $3.9 million in start-up funds.
Northern Plains Premium Beef has named James Rainey, retired president of Farmland
Industries, as interim CEO. The cooperative has offices in Towner, ND and is raising capital to
build a cattle slaughtering facility.
Minn-Dak Farmers Cooperative has completed sales of 20,200 units of preferred stock
to capitalize a $62.9 million expansion at their Wahpeton, ND sugar refinery.
The 21st Century Club has been organized by the Kansas Association of Wheat
Growers and the Kansas Corn Growers Association. The purpose of the organization is to
finance feasibility studies of farmer owned value added processing plants.
This material has been reproduced in electronic format with the permission of Year in