NEW Directions December 2014 : Page 1

DECEMBER 2014 TM YOUR PARTNER Badger Barnum Blairsburg Bode Clare Coon Rapids Cooper Dows Duncombe Fort Dodge Glidden Humboldt Knierim Knoke Lanesboro Lanyon Lidderdale Lohrville LuVerne MAPS Otho Palmer Pomeroy Rands Roelyn Rowan Vincent Woolstock LOCATIONS 515-545-3145 515-542-3221 515-325-6252 515-379-1754 515-546-4265 712-999-4660 515-370-5707 515-852-4136 515-543-4245 515-955-2040 712-659-2227 515-332-3374 515-463-2331 712-468-2893 712-656-2225 515-879-2711 712-822-5211 712-465-3145 515-882-3221 515-955-9030 515-972-4471 712-359-2294 712-468-2222 712-297-7579 515-549-3316 515-853-2214 515-356-4185 515-839-5531 MEETING WITH THE MANAGER STAYING STRONG DESPITE INDUSTRY VOLATILITY Like so many of our crop years tend to be, 2014 was another challenging year in many ways. With the drop in grain prices and signi fi cantly lower volume handled, our membership faced leaner times than we have become accustomed to in recent years. In spite of the volatile crop year, NEW Cooperative remained fi nancially strong. Coming in at just over By Brent Bunte $18.4 million on $640 million in total sales, our earnings re fl ect this strength. The success of your cooperative can be attributed to your loyalty and patronage to NEW Cooperative, the strong leadership of your Board of Directors, and also the highest quality service and support by our dedicated employee team. With all of these factors in place, we will continue to see great bene fi ts and added value provided for our membership. Looking ahead to the upcoming year, 2015 will be an exciting time for NEW Cooperative. We have fi nally fi nished a record harvest that is 35% larger than the 2013 harvest. Also, the recent addition of Dows, Rowan, Coon Rapids, and Cooper will allow for an expanded footprint and we plan to grow our market share in these areas with product and service offerings. After a very long and trying fall harvest season, it is important that we recognize the efforts of our employee team during the past couple of months. Their hard work and dedication to provide you with the highest quality service each and every day is impressive. Our employee team truly is the key to the continued success of our cooperative. And they are without a doubt the largest reason that NEW Cooperative has been named as the 2014 Agricultural Retailer of the Year by the national Agricultural Retailers Association. This is an incredible honor for your cooperative, as the winner is chosen from amongst the top ag retailers across the nation. What a fi tting tribute to the great people who make up NEW Cooperative! IN THE FIELD

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