For Member-Owners

Fall 2021: Scholarship Recipients Back to Campus

(pictured is Mathew McMillian and Ceres' Dan Blocker at the presentation)

On behalf of thousands of local farmer members, the employees of Ceres Solutions Cooperative have the pleasure of announcing 11 Scholarship Award recipients.  “We are pleased to support these future leaders of our industry through this scholarship program,” says Jeff Troike, CEO of Ceres Solutions, “It is important for us to consistently invest in local youth. As a Cooperative, it is one of our core commitments to give back to local communities in which we serve.”

Selection criteria emphasizes involvement in agricultural youth groups such as 4-H and FFA. Students must be children or grandchildren of current cooperative members or employees of the cooperative to apply for the high school scholarships. It is estimated that the co-op and its predecessor co-ops have invested more than $240,000 in scholarships to local students.

Our 2021 Ceres Solutions Scholarship recipients are:

Andrew Eisenga of McBain, MI – Andrew is the son of Bryan and Diane Eisenga and plans to attend Dordt University and pursue an Agriculture degree.
Mathew McMillian of Montpelier, IN- Mathew is the son of Aaron and Paula McMillian and plans to study Pre-Veterinary Medicine at Purdue University this fall.
McKenna Wilson of Bunker Hill, IN.- McKenna is the daughter of James and Amanda Wilson and will attend Purdue University as an Animal Agribusiness major.
Justin Nice of Royal Center, IN- Justin is the son of Steve and Amy Nice and will head to University of Northwestern Ohio this fall to pursue a degree in Agriculture Equipment Technology.
Burke Tuggle of Attica, IN- Burke is the son of Troy and Kim Tuggle and will head to Ivy Tech this fall to pursue a degree in Agriculture.
Tori Culp of Francesville, IN- Tori is the daughter of Daniel and Melissa Culp and seeks to study Animal Science and Agribusiness at Purdue University this fall.
Grace Pearson of Attica, IN- Grace is the daughter of Greg and Kelly Pearson and will head to Purdue University this fall to study Agribusiness.
Grant Bell of New Lebanon, IN- Grant is the son of Mike and Amy Bell and will attend Purdue University to study Ag Systems Management.
Jack Morehouse of Brookston, IN- Jack is the son of Doug and Jean Morehouse and will be attending Purdue University this fall studying Horticulture.
Olivia Branam of Terre Haute, IN- Olivia is the daughter of James and Kelly Branam and will study Animal Science at Purdue University this fall.
Emily Hyatt of Clay City, IN- Emily is the daughter of Jeff and Shelly Hyatt and will attend Purdue University and pursue a degree in Health Science.  

  

 
 
 

For Member-Owners

May 2021: We’ve heard it said repeatedly --“We’re all in this together...”

especially over the last 12-18 months. But in reality, sometimes it can feel very lonely to bear the responsibility of maintaining your essential operation in a “regular” year, let alone while you and your family navigate a pandemic, labor shortages, declining commodity prices, social unrest and weather challenges. 

There is no group of people quite so determined and resilient as farm families. True?  

We recognize each spring that May is Mental Health Awareness month, and we’re pleased to provide our members and friends with the following helpful resources.  They’ve been collected by Indiana Farm Bureau.  Please take a moment to review the suggestions. What you learn just might help a friend, a co-worker, a family member or even yourself. No one is immune.  Take the time.  You are worth it. Your family needs you.  Ag needs you.  :) 

And we’re honored to continue to work beside you, no matter what the future brings. Thank you for the opportunities this spring and beyond.
 

For Member-Owners

April 2021: The reverse-ownership model of Ceres Solutions Cooperative adds value.  For example:

The following returns are determined by the Board of Directors each year, based on results. Consult your tax preparer. Returns should be tax-free since taxes were paid when the patronage was issued:

Age-Based Equity Redemption: This payment to members is 100 percent of earned equity, and this year totaled more than $2 million. Please note, the Board of Directors voted to move all age-based programs to Age 75, enabling us to consistently redeem across our growing organization. 

3% Equity Revolvement:  This payment is part of our planned revolvement of equity. The total payment to members this year was more than $1 million. 

Patronage Checks and Equity Credits: These returns are earned based on business volume. This year, approximately $9 million was returned with 65% paid in cash and 35% paid in equity. Members who are over the age of 75 are issued their patronage 100% in cash. 

1% Early Equity Redemption: Eligible members have equity redeemed at 1% of their fall agronomy purchases and agronomy prepay for the year, up to the amount of equity held by the member, and this payment is more than $1 million. 

And finally, throughout the business year, Ceres Solutions processes Estate Redemptions as individual equity is redeemed upon death of the stockholder. Membership adds value!

Your co-op is 100% farmer owned. For the benefit of members, Ceres Solutions will redeem close to $5 million in equity and pay nearly $6 million in cash patronage for a total of almost $11 million in cash going back to the local communities we serve this year. Thank you for your business!  Interested in learning more
 

For Member-Owners

February 2021: Waiting for someone to connect the carbon dots? 

Ceres Solutions and TruTerra just did.

For decades, Ceres Solutions has worked with local farmers to implement and document best soil health management and stewardship practices. 
 
It’s what we do. Stewardship is good business. Always has been.
 
With the launch of TruCarbon™, our partner Truterra is working through channels to reward Ceres Solutions customers whose practices now have potential to earn carbon credits. Today, the relationships between local farmers and carbon buyers begin.
 
Conservation practices... stewardship... expert recommendations... documentation...

It’s time to connect the dots at last. 
 
These are exciting times for local farmers... especially those who have implemented stewardship changes in the last five years with the support of the Ceres Solutions team.  Will the first buyer of carbon credits be Microsoft?  Learn more about this industry-leading program and Ceres Solutions’ support of the only farmer-owned and farmer-driven sustainability program in the nation.
 

For Member-Owners

January 2021:  A Few Words on The Power of Good...

As we welcome a new year, we naturally reflect on the close of a difficult one.  Our primary concerns at the start of the COVID-19 pandemic were simple... how do we keep employees safe? How can we be sure to deliver for customers? We serve industries that will not have the luxury of “pausing” from the demands of work... How can we best protect the health of those customers, plus our suppliers and partners?

In a very short period of time, almost everything familiar about our business came to a screeching halt.

Life changed.

 In response, we enacted best practices for hygiene, physical distancing, remote work, protective rotations of critical staff, health checks and a host of other modifications. We adapted quickly. We learned a lot.  Our most lasting takeaway is in the power of good people to do good things... we are grateful for the spirit and resilience of customers, co-workers and communities alike.  We all did our best, and can fortunately look back at just how well it actually went in most circumstances. We hope you found this to be true as you interacted with Ceres Solutions through 2020.  The opportunity to work beside friends and neighbors to build collective success, even in times of extreme uncertainty, is not to be underestimated. We consider ourselves extremely blessed to be a part of your lives and community.  Thank you. 
Together, let's embrace all the good 2021 will bring.