Landus Cooperative Announces Purchase Of ADM Grain Facility In Manilla

Officials with Landus Cooperative of Ames have announced plans to purchase a grain facility in Manilla. Landus will take possession of the location, owned by North America’s second largest grain company, ADM, on June 1. “This Manilla site is a strategic purchase for Landus Cooperative and farmers in western Iowa,” says Chief Executive Officer, Milan Kucerak. “While this grain asset has been well cared for, we expect to improve efficiency on behalf of the customer, utilizing best practices from our nearly 60 grain locations in Iowa.” ADM and Landus will honor all outstanding grain contracts. “We are anxious to begin working with growers in and around Crawford County and want to make their transition […] as seamless as possible,” says Roger Fray, chief commodity marketing officer with Landus. The purchase will provide the cooperative with more than 2.3 million bushels of grain capacity in their first wholly-owned Crawford County location. This includes 775,000 bushels of upright storage, more than 1.5 million bushels of bunker storage and a 32,000 bushel per hour receiving capacity. A grower meeting will be announced shortly after the facility changes ownership. Landus Cooperative has now been ranked the sixth largest grain company in North America in the North American Grain & Milling Annual Ranking.