Marion County Farm Bureau members not only learned a little more about Prairieland FS, but also approved new board members during their annual meeting last week.
Rich Archer, marketing manager of Prairieland FS, was present at the meeting to explain the direction that company is headed and its connection to Farm Bureau.
According to Archer, the farmer owned cooperative which is also a value added business, is currently located in 18 counties, including five in Missouri and the remainder in Illinois.
The business offers a variety of services, including agri-finance, grain marketing, precision farming, custom application and retail fuels and seed. In addition, one Prairieland location in Illinois owns a Dairy Queen, Archer said.
Net worth and stocks were also briefly touched on, and Archer noted the 18 member board of directors are keeping the stock amounts with a 10 year period.
“We want the stock owned by those doing business with us today,” he explained. “It’s important to stay relevant in our communities...and share back with the people.”
See more in this week's Palmyra Spectator.