Wanstead Farmers Co-operative Co., Limited announced it will pay $120,000 in patronage to be shared with its more than 500 farmer-owners.
More than 120 people attended the co-operative’s 96th Annual General Meeting held on Dec. 5 at the Wyoming Fair Building.
Martin Gerrits, Wanstead Farmers Co-operative board president commented that despite all the weather challenges this year, the co-op saw a year of growth and profitability.
Gerrits thanked farmers for their patience and determination in getting through such a challenging season.
Peter Kelly, Wanstead Farmers Co-operative general manager reported an overall growth in sales and an added focus on streamlining overhead costs resulted in a positive year for the co-op.
A vote from the membership to re-elect the current board was passed.
Martin Gerrits from Wyoming remains as board president; Rick Patterson from Petrolia is vice-president and replaces Joe Joosten who recently retired.
Joosten was recognized at the general meeting for his many years of service.
Norman Minielly from Watford remains as board secretary.
Also retiring from the board is Kevin Forbes of Sarnia.
Wanstead Farmers Co-operative Co., Limited is a 100 per cent farmer-owned, grain marketing and farm-input supply company that serves more than 500 farmer-owners in three locations in Lambton and Middlesex counties.