Greetings from the Benson Corn Pool! As you are reading this, harvest should be mostly wrapped up in the local trade area of the plant. After a summer of numerous flooding/rain events and hailstorms, a lot of questions will be answered as to the size and quality of the corn crop in our trade area.
The Benson Corn Pool preliminary audit has been completed. This past fiscal year the Benson Corn Pool purchased 11,883,000 bushels for CVEC. In fiscal year 2026, BCP will need to purchase 11,763,000 bushels for shareholder delivery requirements. It looks like the cost to the corn pool members will again be around $0.14/ bushel this year. We will meet in November to go over the year-end audit and decide on a margin call to members at that time.
Our annual meeting will be Thursday, January 22 at McKinney’s in Benson. We will be electing two directors at this year’s meeting. Richard Syverson and I are the two directors up for re-election. We hope to see everyone at the meeting. Until then, have a joyous holiday season!