Kanza Cooperative Association hosted four district meetings in the communities of Furley, Colwich, Stafford and Iuka during the month of March.
The meetings were highlighted by announcement of the organization’s strong financial finish to FY2018, with just shy of $10 million in local savings. Due to the large total of equity payments being made in 2019, members will receive split payments with one in the spring and one in the fall.
Patronage rates for 2018 were announced:
- Wheat, Corn, Milo & Soybeans- $0.1825/bu.
- SCT Grains- $0.0273/bu.
- Grain Storage- 22.33% per Dollar
- Fertilizer, Chemical & Seed- 2.76% per Dollar
- Feed- 2.23% per Dollar
- CSF- 4.28% per Dollar
- Merchandise & Petroleum-1.94% per Dollar
Patronage checks will be available at the Kanza Annual Meeting being held on April 4 at the Cotillion in Wichita.
New construction projects in the works for this year were discussed. Projects include construction of an additional 400,000 bushel steel bin at Byers, addition of a 8,500 ton UAN 32% storage tank at Iuka, and construction of an Eastern Agronomy Center outside Andale.
The meetings also provided an opportunity for customers to visit about local issues with Kanza employees, leadership and board members. Representatives from Congressman Ron Estes and Congressman Roger Marshall’s offices attended some of the meetings to provide updates on Federal activities.