NEW Cooperative

Company History: 1973 Members of farmers’ cooperatives in Badger and Vincent, (Northeast Webster County) Iowa agree to merge creating NEW Cooperative Inc. During the first operational year, Duncombe farmers voted to add their rail location to the mix. 1978 NEW Cooperative expanded to include locations in Fort Dodge, Otho and Roelyn. The unification gave NEW flexibility to load unit trains on two railroads. 1995 When farmer-owners in Humboldt decided to join with NEW, total grain-storage capacity grew to 28 million bushels at 14 locations. 2017 A new pelleting feed mill opened in Pomeroy and the Board of Directors approved the plans to build another feed mill in Rowan to become operational in the summer of 2018. The membership of Berne Cooperative, headquartered in Ute, with another elevator location in Mapleton, voted to sell their assets to NEW Cooperative and became a part of the NEW family on August 1st. On September 1st, NEW Cooperative, Inc. purchased a grain elevator south of Anthon, Iowa previously owned by Platinum Grain LLC. This location, built in 2012 has storage capacity of 3 million bushels and will operate well with the locations NEW Cooperative currently has in the area.

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