Sam Deal is a local farmer in the Danvers area and serves on the Board of the Danvers Farmers Elevator (DFE) cooperative. A cooperative is a business where a group of farmers comes together to buy and sell crop inputs and commodities in bulk to obtain the best prices. Farmers make the decisions for each cooperative by electing members to their local board. Sam is one of the many farmers who serves on cooperative boards to help run the business.
DFE Cooperative is full-service cooperative with a retail business of agronomic products such as seed, fertilizer, and crop protection products. The business provides grain marketing services and grain storage for members of its business.
Cameron: What is your role as a member of the DFE Cooperative Board?
Sam: I serve on the board of the cooperative and help run the business. I help hire the general manager for the cooperative, who oversees the business. I also examine quarterly financial statements to ensure the business is profitable. From those statements, I help make decisions to spend less money or grow the business. I also have a unique role on the board where I am the Secretary. With that job, I oversee keeping the minutes of the monthly meetings of the board.
Cameron: Why did you choose to be in this role on the DFE Cooperative Board?
Sam: Serving on the board of a local cooperative allows me to help make decisions that are better for my operation, as I am a member of the cooperative itself. Additionally, it allows me to help out my neighbors by listening to their problems and fighting for changes on the local level to help their farming operation out.
Cameron: Can you tell us how the DFE Cooperative impacts the farmers it serves?
Sam: Farmers across Central Illinois utilize DFE Cooperative’s services for agronomic and grain resources. For over 100 years, the business has helped farmers get the best prices, service, and knowledge of their farming operations. Additionally, the cooperative’s grain advantage allows the business to offer higher prices for corn and soybeans due to larger amounts of commodities being sold.
Cameron: What role do you see cooperatives playing in the future of agriculture?
Sam: Cooperatives provide an outlet for farmers for their grain to get a higher price, something that will be needed as the price to a produce a bushel of corn and soybeans rises. I see the cooperative, not only DFE, but all others grow and get bigger to stay competitive.
Iowa State University Graduate