2018 Annual Shareholders Meeting Report

Glenn Lutteke, General Manager (507) 533-4222
Highlights from the financial report for All American Co-op’s fiscal year ending June 30, 2018 are as follows. All American Co-op closed the year with company sales at $68,509,924. Other operating receipts were at $6,660,766 for the 2017-18 fiscal year end. Local margins were $1,196,122. Net margins were $1,319,849. Checks totaling $277,571 were distributed at this meeting representing 40% cash portion for the 2017-18 fiscal year. Grain sales during the 2017-18 fiscal year were at 6,531,594 bushels which was down 134,757 bushels from the 2016-17 fiscal year end. Feed sales were 21,275 tons down 3,362 tons from the previous year. Roasted bean sales were 2,741 tons down 648 tons from the previous year. Agronomy tons were up 373 tons from the previous year, not including lime.

I would like to take this opportunity to wish all of you a Merry Christmas and a Happy New Year. I hope the joys and memories past and present will be with you, your family and friends this holiday season. Let’s be thankful for the blessings and look for the positives.
Have a safe and happy holiday season!

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