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Comark Equity Alliance, LLC (CEA) started operations on August 1, 2017. CEA has offices in Enid, OK and Cheney, KS. Both offices are staffed with experienced personnel, some of who have been in the grain business for over 30 years. The associates of CEA are singularly focused on making our member’s customer experience one that is unmatched in the industry with the best marketing solutions available. “Our goal is to enhance the profitability of our member cooperatives and ultimately the customer owners of those cooperatives,” Alan Woodard, CEO, noted in a statement.
CEA is made up of 28 farmer owned cooperatives with 161 locations that stretch from Northwest Kansas down through Oklahoma and into the Texas panhandle. The locations include terminal operations and roughly 130MM of capacity making it one of the largest federally licensed companies in the United States.
The 28 members are represented by 8 directors who were elected by the members. These individuals are charged with the helping to develop the overall business strategy and mission for the larger group. The group meets monthly throughout the trade area in addition to having a strategic planning session on an annual basis.
Earnings of CEA are distributed to the membership in the form of earnings distributions, through-put and storage. It is the ultimate goal of CEA to maximize the service and performance of the member’s grain business helping them to grow the additional business sectors through superior performance.
Below is some information about the preceding companies who merged to form CEA on August 1, 2017.
About CoMark Grain Marketing
Comark Grain Marketing LLC (CGM) was established in 2008 to bring efficiency to the grain marketplace with decreased risk for ten cooperatives and one joint owned LLC in South-Central and Southeast Kansas. CGM is responsible for merchandising, risk management, and sales accounting, and other grain responsibilities for these companies. In 2009 the Farmers coop in Columbus, KS joined CGM. In 2012 CGM added three new members: Farmers Coop of Wellington, KS, Mulvane Cooperative Union of Mulvane, KS, and the Decatur Cooperative Association out of Oberlin, KS. April 2016 the McCune Coop in McCune KS joined CGM. December 2016 Danville Cooperative Association and Farmers Coop Grain Association - Wellington merged to form Progressive Ag Cooperative.
About Equity Marketing Alliance
In pursuit of providing greater value and returns for their member owner’s grain, six Oklahoma Cooperatives joined their grain marketing divisions in 2001 and formed Equity Marketing Alliance, LLC.
All grain pricing, merchandising, logistics and accounting were transferred from each local cooperative to EMA’s team of grain specialists.
EMA was developed with three foundational concepts:
- EASY – simple to understand and implement.
- IMPARTIAL – equitable treatment of large and small members and patronage based.
- AFFORDABLE – value-priced membership.
Since the first grain receipts of the 2002 wheat harvest, EMA has experienced significant growth with more cooperatives recognizing the advantages of our “One Vision” approach. EMA currently has seventeen Cooperative owner-members operating 87 grain receiving locations in Oklahoma, Texas and Kansas. For more information about Equity Marketing Alliance or to inquire about joining the “EMA” team, please contact us at 580-242-0515.
Forecast for Cheney, Kansas (67025)