Central Valley Ag Delivers Value to Member-Owners in the Form of $2 Million in Equity Redemptions

(York, NE) – Central Valley Ag (CVA) continues to give back to member-owners, demonstrating the cooperative spirit. As a farmer-owned cooperative, CVA is truly for the farmers – by the farmers.

CVA’s Board of Directors approved the distribution of age-based equity to its member-owners totaling almost 2 million dollars. Each year, CVA redeems age-based equity to members who have reached “retirement age.” Member-owners were to have attained retirement age of 65 as of December 31, 2022.

“The board of directors and those at CVA appreciate each and every patron who has done business with the cooperative, helping build and make this company successful,” said Carl Dickinson, President/CEO of Central Valley Ag. “It is compelling to have the cooperative in a position to give back to the membership. Not only are we able to provide them products and services, but because of CVA’s performance, we are able to return cash.”

CVA was first formed in 2003 by three cooperatives. Since then, CVA has unified with several cooperatives in Iowa, Kansas and Nebraska making it one of the strongest cooperatives in the Midwest.

“We believe that the cooperative business model requires a balanced approach; balancing service, profit, patronage, equity redemption and reinvestment,” said Dickinson. “We also believe that true success comes from not only serving you, but also in returning profits to its owners.”

Derek Nester
Derek Nesterhttp://www.sunflowerstateradio.com
Derek Nester was born and raised in Blue Rapids and graduated from Valley Heights High School in 2000. He attended Cowley College in Arkansas City and Johnson County Community College in Overland Park studying Journalism & Media Communications. In 2002 Derek joined Taylor Communications, Inc. in Salina, Kansas working in digital media for 550 AM KFRM and 100.9 FM KCLY. Following that stop, he joined Dierking Communications, Inc. stations KNDY AM & FM as a board operator and fill-in sports play-by-play announcer. Starting in 2005 Derek joined the Kansas City Chiefs Radio Network as a Studio Coordinator at 101 The Fox in Kansas City, a role he would serve for 15 years culminating in the Super Bowl LIV Championship game broadcast. In 2020 he moved to Audacy, formerly known as Entercom Communications, Inc. and 106.5 The Wolf and 610 Sports Radio, the new flagship stations of the Kansas City Chiefs Radio Network, the largest radio network in the NFL. Through all of this, Derek continues to serve as the Digital Media Director for Sunflower State Radio, the digital and social media operations of Dierking Communications, Inc. and the 6 radio stations it owns and operates across Kansas.


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