We’re in This Together
When you’re going through a tough time, it’s important to know you’re not alone. I’m sure the farmers who started our cooperative more than 128 years ago could relate to how you feel about commodity prices today.
In 1887, northwest Iowa farmers weren’t getting a fair price for their grain. That’s why 161 farmers in the Marcus area invested $20 apiece to create a cooperative and break the power of the railroad monopoly. Their investment helped build a wooden elevator to handle their wheat, oats, barley, and flax.
While much has changed since those men incorporated the Farmers Cooperative Elevator of Marcus on Dec. 12, 1887, the co-op’s core mission hasn’t changed. We work hard every day to be first in marketing, service, and supplies to improve our members’ profitability.
Did you know the “First” in our name also reflects a unique legacy of the Farmers Cooperative Elevator of Marcus? The Marcus location, which became part of FCA in 1997, is recognized as the oldest cooperative elevator in continuous operation in the nation.
What we know for sure
When you have a legacy like FCA, you know:
- Agriculture is cyclical.
- Things will turn around.
- You don’t have to go it alone.
That’s what the cooperative system is all about. A co-op exists to meet the common needs of its members, unlike most investor-owned businesses that exist to maximize profits for shareholders.
FCA’s team is here to help you manage through challenging times. We value the trust you place in us, and we never forget we’re in this together.
See other stories from this month's First Coop Association News:
AGRONOMY: Is My Nitrogen Still There?
FEED: Distractions Abound, Stay Focused
GRAIN: Don’t Be the Last to Sell
ENERGY: It’s Time to Hold Off