News

Patronage is Back!

Carstens corn field
Patronage

Fiscal Year 2020 was a profitable year at your cooperative and we’re still able to pass down Section 199A tax deductions to our farmer-owners. These could be BIG savings* for your operation!

Cash Payout & Cash Savings 

As a farmer-owner with an A-voting membership, you're eligible for Section199A tax deductions!

More than $20 million in tax deduction opportunity passed down for Fiscal Year 2020!


Your specific amount is NOW posted in the customer portal. Grain patronage checks and specific 199A deduction information will also be mailed the first week of December.  1099-PATR documents will be mailed in January 2021.

• Members earn 1 cent per bushel cash

• 14 cents per bushel tax deduction opportunity

Patronage example 2020
*Contact your tax accountant for tax preparation and deduction-use advice.