Winter 2024-Cooperative Farming News

Page 24

Co-op CORNER SEEDS OF CHANGE AFC TRANSFERS GRAIN DIVISION TO WOODALL GRAIN COMPANY BY T I F FA N Y L E S T E R There are dozens of quotes about changing with the times, the importance of adapting and the difficulty of it all. John F. Kennedy said it best when he said, “Change is the law of life. And those who look only to the past or present are certain to miss the future.” Alabama Farmers Cooperative (AFC) has experienced many changes over its 87 years of existence, and now, times are a-changin’ once more. After 66 years in the Grain Marketing Service, AFC sold its Grain Division assets to Woodall Grain Company (WGC) effective as of August 2, 2023.

WGC was established in 2005 by fifth-generation farmers. Headquartered in Decherd, Tennessee, it specializes in merchandising corn, wheat, and soybeans. WGC provides producers and end users with the highest level of individualized grain marketing and risk management services for the greatest level of profitability. “AFC believes Woodall’s acquisition of the Grain Division will only enhance the grain merchandising and marketing services for our farmers. AFC has always focused on providing the best possible service to its member Co-ops and local farmers through the most

1958

1964

1957 - AFC partnered with Indiana Farm Bureau Cooperative to market grain.

1964 - Decatur Grain Elevator facilities were purchased from Indiana Farm Bureau Cooperative.

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Cooperative Farming News


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