Update: October 2015


As always, we appreciate our customers who bring purpose to our cooperative, our directors who give us vision and governance, and our employees who take pride in serving our customers the 'AGRILAND FS way'.   

                                                                                                                            - John Knobloch, General Manager


The 2014-15 fiscal year proved to be a transitional year for agriculture producers and your cooperative AGRILAND FS.  Row crop farmers transitioned from extremely strong returns per acre to lower or negative returns.  AGRILAND FS transitioned to lower financial returns, as growers reduced plant food purchases and planted fewer corn acres.  On the flip side, we achieved record grain system, feed, diesel, gasoline and lubricant volumes.


​During the fiscal year, AGRILAND FS invested $16 million in new facilities and rolling stock to serve our customers. These projects included:
Fairfield, IA
Warehouse and shop
Griswold, IA
New office
Harlan, IA
Seed warehouse, chemical building & petroleum bulk plant
Malvern, IA
Shop and seed warehouse
Middletown, IA
Propane storage facility, office and shop
Missouri Valley IA
Warehouse, shop and office
New NH3 facility
Moravia, IA
Office, warehouse, and dry plant food building

Our investment​s in the 2015-16 fiscal year will feature the following...

Harlan, IA
New FAST STOP® Express
Knoxville, IA
New dry plant food building & relocation of propane storage

​​Nodaway, IA
New petroleum bulk plant
Oskaloosa, IA
Upgrades to feed mill

Fiscal Year End, August 31, 2015
Operating Revenue
Operating Expense
Operating Income
Other Income-Net
Income Before Tax
Income Tax
Net Income
Current Assets
Long Term Assets
Total Assets
Current Liabilities
Long Term Liabilities
Total Liabilities
Members Equity:
Capital Stock
Accumulated Comprehensive Loss
Retained Earnings
Total Member Equity
Total Liabilities & Member Equity
Additionally, in September 2015, we purchased Countryside Products.  Countryside Products services propane accounts out of Iowa locations in Blockton, Clearfield, Corning, Creston and Murray; and Hopkins, Missouri. 
The process of fully integrating Countryside customers and employees within AGRILAND FS is in progress.

All of our investments benefit you, our customers, and the rural communities we so passionately serve.


Stock & Redemption

In August 2015, the Board of Directors approved patronage to be paid 80% cash and 20% stock.  Plus, in October 2015, a $750,000 stock redemption was approved. 

The balance sheet of the company is very strong.  For every $1 of stock issued, we have $15 of retained earnings backing it up.  The balance sheet strength gives AGRILAND FS the ability to aggressively move forward with our strategic direction of bringing more value to our customers, even during periods of transition.