News Articles
AgChoice 2009 Annual Report is Available to View
March 12, 2010
AgChoice recently published and posted its 2009 Annual Report. Even though 2009 was a challenging year in agriculture and the general economy, our Board of Directors and management are pleased to report that the Association begins 2010 on solid footing. Our 2009 Annual Report reflects the following results:
- Net income of $23.0 million
- Solid return on assets of 1.6 percent
- Permanent capital improved strongly to 12.5 percent from 11.1 percent the previous year
- Patronage distributed for the 11th consecutive year
The theme of the 2009 Annual Report is “What’s Your Game Plan” and shares the steps that AgChoice took in 2009 to weather the economic storm and ensure that the Association is positioned for future success. Additionally, the report includes testimonials from AgChoice customer-owners and Board members to showcase winning strategies.
AgChoice’s customer-owners, directors, employees and friends in the agricultural community continue to make our Association strong. Thank you for doing business with us and for your service to agriculture and the communities in which you live.
Click here to view the 2009 AgChoice Annual Report as well as past Annual Reports.
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