Landus, a farmer-owned cooperative, and Snittjer Grain, a privately-owned grain elevator company, announced an agreement to collaborate for the mutual benefit of their farmer customers.
Snittjer is the second company to join the Landus optimization model. It is focused on improving service and competitiveness of participating companies while maintaining their autonomy, local influence and identity.
“We’re building momentum for this new way of collaborating across retail agriculture,” says Matt Carstens, President and CEO, Landus. “We believe this is a better alternative to a traditional merger or acquisition and it is great to be working with such a highly-regarded independent company as Snittjer.”
As part of the agreement, J.R. Kennedy, General Manager, will maintain his current role while joining the Landus grain merchandising team on a part-time basis.
“We’re excited to be working with such a solid company as Landus to build a bigger and better future for our customers and for agriculture in Iowa,” says Kennedy. “I’m also personally looking forward to joining the Landus grain merchandising team.”
Financial terms of the agreement are not being disclosed.
NuWay-K&H Cooperative was the first company宣布to join as a Landus optimization account.
About Optimization Model
This new model is designed for collaboration and optimization on grain, feed, soybean processing, agronomy, data, technology, logistics, and back-office functions. It also provides the opportunity to maximize capital investments, infrastructure capacity, and employee talent.
Agreements are tailored to the strengths of each party and developed on a case-by-case basis.
AboutLandus
Landus is a farmer-owned agricultural cooperative headquartered in Ames, IA, that employs about 600 full-time employees at locations in more than 60 communities to serve 7,000 farmer-owners.
