First and foremost, I would like to thank you, the patrons of the Monte Vista Coop. The Coop had one of the best years it has had financially. All of that was possible by you doing business with your company, the Coop. The great benefit of this is that the Coop will pay back to the members over $650,000.00 in patronage and equity retirement.
Along the same lines, my hat goes off to the administration and the staff for all of their hard work and dedication. They did a great job of keeping expenses down and really watching the bottom line. Also, I would like to thank all of the employees for their hard work. This company can't work without you.
Mike Boothe has done a great job stepping into his new role as General Manager. I would like to commend him for a job well done. I look forward to the years to come with Mike and the things that he will bring to the table.
As this drought continues, the board has been looking down the road for the past year at how we can be of better service to our members. This has been an interesting time that we are facing, to say the least. The Coop is facing challenges because of the drought just like every farmer. Last year with the loss of planted acres, our fertilizer tonnage was down. Our grain department took a big hit with very few grain bushels available for purchase and sale. We are constantly trying to figure out ways to help you. If there are ways that we can better serve you, please let us know. We are always bringing in new products and services to better suit your needs. Please talk to the employees of the Monte Vista Coop about what might be available. I would challenge you to always look to and come to the Coop first when you need products and services.
Again, thank you for your dedication and patronage to your company, the Monte Vista Coop.
Nate Burkhart, Board President