top of page

UA News and the Unconventional Ag event series are no longer being offered. You can continue to stay updated on the global ag, agtech, food, and food tech sectors through our other publications and events: Global AgInvesting conference series, AgInvesting Weekly, Agtech Intel NewsWomen in Agribusiness Summit, and Women in Agribusiness Today.  We are grateful for your past support, and look forward to staying connected with you through our range of media platforms.

NEWS.png
  • By Lynda Kiernan-Stone, Global AgInvesting Media

Two Indiana Grain and Energy Co-Ops Merge

Jackson-Jennings Farm Bureau Cooperative Association Inc. and Premier Companies (Premier Ag) announced they are merging to form a single $250 million company under the Premier Companies name. The new company, which will launch September 1, will cover most of southeastern Indiana and regions of Ohio and Kentucky.

“Both cooperatives entered into this merger with extremely strong balance sheets and histories of exceptional service to the communities they serve,” said Harold Cooper, Premier CEO in a company statement. “We believe our unification will create a diverse organization positioned to serve its members in Southeast Indiana efficiently and effectively in the dynamic and rapidly changing agriculture environment.”

Ron Silbert, chief executive officer and general manager of Jackson-Jennings told the Daily Journal that both co-ops have grain, feed, energy, and retail divisions with a small amount of overlap. In addition to its branches in Brownstown, Cortland, Corydon, North Vernon, and Salem, Jackson-Jennings also operates CountryMark convenience stores, a fuel station, farm store, a grain elevator in Cortland that handles corn, wheat, and beans, and an elevator in Brownstown that handles corn. In addition to Premier Ag’s branches in Franklin, Greensburg, Hope, St. Paul, Trafalgar, and Harrison, Ohio, the co-op also has three fuel stations, according to WBIW.com.

The merger will not result in any significant changes for members or customers of either co-op, both of which have been in business since the 1920s. The only major shift will be the consolidation of the two headquarters, according to Cooper.

NeverStop - 650x85.jpg
CPM Logo Image
LECO Ad Image
MOSOY-NovDecJan-1000 x825-02.png
UA News Subscribe Image

CONTRIBUTE

Contact Lynda Kiernan-Stone,

editor of Unconventional Ag News, to submit a story for consideration: 
lkiernan-stone@highquestgroup.com

bottom of page