Farmers Cooperative Elevator

Farmers Cooperative Elevator Company (FAC) is a long-established agricultural cooperative based in Arcadia that serves local farmers and rural communities across Iowa. Founded as a stock company in 1917 to enable farmers to conduct their own grain business, FAC transitioned to a cooperative structure in 1937 when members voted unanimously to reorga... nize under Iowa Code, reflecting a commitment to member ownership and shared success that has defined the organization for over eight decades. The cooperative originally specialized in grain, coal, lumber, livestock, and farm supplies, while also operating flour and feed mills to serve the agricultural community comprehensively. Today, FAC continues this legacy by offering a diverse range of fuel options at its blender pumps in Arcadia, including ethanol-blended fuels produced from locally sourced corn, positioning itself as a supplier that supports both farmer livelihoods and regional agricultural economics. By choosing to do business with FAC, members benefit from a structure designed to return value to the cooperative through patronage dividends and shared ownership, while simultaneously strengthening the local community and supporting fellow cooperative members. The organization has demonstrated resilience and adaptability throughout its history, navigating economic challenges and industry changes while maintaining its independence and competitive position in the agricultural sector. FAC's governance modelrooted in democratic member participation and transparent decision-makinghas enabled the cooperative to remain responsive to farmer needs and market conditions. From its inception with 108 members in its first cooperative year to its current operations, FAC has earned trust as a stable, member-focused business that prioritizes long-term sustainability over short-term extraction of value. The cooperative's deep roots in the Arcadia area, combined with its commitment to staying competitive and independent while serving agricultural producers, position FAC as a ...Read More