Kelly Manufacturing



National & World Ag News Headlines
AMPI to Payout $2.4 Million Back to Owner-Members
USAgNet - 02/22/2019

Another agricultural cooperative announced it will be distributing some of its profits to farmer-owners after ending 2018 with a solid balance sheet. During the annual meeting of the Associated Milk Producers Inc., board leaders said it will distribute $2.4 million in cash payments in March.

AMPI Chairman Steve Schlangen says the cash payment is a portion of the nearly $12 million of 2018 earnings allocated to AMPI patrons.

"Getting cash in the hands of members is a priority," he said during the meeting.

The co-op serves dairy producers from Wisconsin, Minnesota, Iowa, Nebraska, South Dakota and North Dakota.


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