Chatham, Ont.-AGRIS Co-operative recorded combined sales of more than C$119 million for fiscal 2007, which ended Aug. 31, 2007. As a result, the board of directors declared a patronage rebate of $325,000, which will be issued in a combination of shares and cash redemptions to the members of AGRIS Co-operative. Patronage will be calculated based on members’ purchases and grain sold. All fuel, grain, and crop input business will be patronage eligible. In fiscal 2006, AGRIS had sales of C$106 million with no patronage. AGRIS is a 100 percent farmer-owned grain marketing and farm input supply company, serving more than 1,200 farmer members in 14 locations in Essex, Kent, Elgin, Middlesex, and Lambton Counties. It is a leader in precision farming technology, seed, agronomy, and petroleum services. AGRIS is a member-owner of GROWMARK Inc. and markets products and services under the FS banner.
Transparency Across the Fertilizer Value-Chain