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Idea Of Merging 2 Large Dakotas Co-ops Won’t Be Resurrected

Associated Press0

ABERDEEN, S.D. (AP) — Officials who unsuccessfully pushed for the merger of two large century-old agricultural cooperatives in the Dakotas say they will not try again, despite the idea being only narrowly defeated by co-op members.

The South Dakota Wheat Growers and North Central Farmers Elevator had been planning to join and become CentraGro Cooperative.

Sixty-one percent of Wheat Growers members voted to merge, but only 49 percent of North Central members voted yes. The proposed merger required simple majorities from both co-ops.

North Central General Manager Mike Nickolas says the merger proposal was “a one-shot deal,” and Wheat Growers senior vice president Steve Briggs says “there is no appetite” for pursuing the merger, despite the close vote.

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