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Country Partners Cooperative strives to meet producers’ needs this harvest with new grain facilities to provide additional storage. It is pleased to announce the opening of its new bin facility in Cedar Rapids, Nebraska, which is now accepting soybeans.
The facility includes two new bins that together provide 1.5 million bushels of additional upright steel storage and 20,000 bushels per hour dumping capacity. It is designed to handle soybeans and allow for faster dumping speeds at harvest for current and future producers’ needs. “We are pleased to introduce the new Cedar Rapids facility. This state of the art facility has been built to provide the speed and space needed to keep up with modern day producers and the foresight of years to come,” said Scott Hillius, Vice President of Grain.
Country Partners Cooperative received its first beans at the new facility on Saturday, September 22nd. The unusually wet weather this spring and summer made the construction of this facility especially challenging, but remained a priority to complete. The increased storage space reduces expensive seasonal transfers and improves merchandising opportunities through the elimination of forced sales at harvest time. Modernized facilities like this better position Country Partners for the future to serve members/producers with more efficient grain handling practices to compete under tighter profit margins. This facility complements other assets in the Cedar Rapids area.
Country Partners’ strong balance sheet position allows its lender to be confident in making the strategic addition to serve current and future producers’ grain handling needs.
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