Meadowland Farmers Co-op announcing profit sharing
The first week of February, Meadowland Farmers Co-op allocated over $2.2 million of profits back to their members for Fiscal 2019. Of the $2.2 million over $784 thousand is being paid in cash with the rest allocated in equity ownership of Meadowland Farmers Coop. Meadowland revolves allocated equity the following ways: to estates within 30 days of Board Approval. They also revolve equity on a 20-year revolvement, which this year they will revolve local equity earned through 2000, and they revolve all earned local equity as of Dec. 31 the year a patron reaches age 72 the ...