Landus Cooperative Reports More Than $8.5 Million In Profits And Record Soy Crush At Virtual Annual Meeting
The COVID-19 pandemic continues to change the face of the way business is done, and the same holds true for industry annual meetings. On Monday, Dec. 14, Landus Cooperative hosted a virtual annual meeting, adhering to the social distancing requirements as they discussed their financial health and outlook for the future. Chief Financial Officer, Mark Miner, reviewed the Fiscal Year (FY) 2020 financials, reporting a total profit of $8.6 million following a year that marked a $4 million deficit. The farmer-owned cooperative surpassed $166 million in total revenues and paid out $1.4 million in pa...
Source: 1380kcim.com