Is Southern states a co op?

Southern States Cooperative is is a retail agricultural cooperative serving the agronomy, energy and farm supply needs of its members and customers across eight states in the Southeastern United States.

Is Southern states going out of business?

GROWMARK, Inc. and Southern States Cooperative announced today plans to close on a transaction Sept. 1, 2020, that aligns the organizations operationally to yield increased innovation, growth, and returns for the farmer-owners of both cooperative systems.

Did growmark buy Southern states?

The Illinois-based agricultural cooperative GROWMARK Inc. has struck a deal with Southern States Cooperative, based in Richmond, Va., to assume Southern States’ wholesale agronomy, fuel and propane assets. Both companies have agreed to close on the transaction Sep. 1.

What is Southern states stock worth?

Performance Outlook

Previous Close 19.12
Bid 19.01 x 800
Ask 19.15 x 1400
Day’s Range 19.01 – 19.11
52 Week Range 18.91 – 21.01

Who owns Southern States Coop?

Cargill
The deal was announced in early August and closed on September 22. Under the agreement, Cargill purchased the assets of Southern States Cooperative’s animal feed business, including seven feed mills and its portfolio of products, brands and customer and supplier relationships.

How many stores does Southern States Coop have?

1,200 retail outlets
Southern States is a $1.5 billion agribusiness with over 200,000 farmer-members and serves over 1,200 retail outlets across 21 states.

Who bought Southern states?

Cargill completes transaction to acquire Southern States Cooperative, Inc.’s animal feed business. (Minneapolis) Sept. 25 – Cargill has closed on its agreement to acquire the animal feed business of Southern States Cooperative, Inc.

What does Growmark FS stand for?

GROWMARK History Soon, nine of those cooperatives combined to form Illinois Farm Supply Company, which merged with similar organizations in Iowa and Wisconsin to form FS Services, Inc. In 1980, GROWMARK, Inc. was established through the consolidation of FS Services, Inc. and Illinois Grain Corporation.

Who is buying Southern states?

Cargill completes transaction to acquire Southern States Cooperative, Inc.’s animal feed business. (Minneapolis) Sept. 25 – Cargill has closed on its agreement to acquire the animal feed business of Southern States Cooperative, Inc. The deal was announced in early August and closed on September 22.

How many stores does Southern states have?

1200 Southern
Southern States Farm Store There are more than 1200 Southern States’ stores, each of which try to meet consumer demands for products for both small gardens and large farms.

How many shares does Southern Company have?

Facts and Figures

Financial Highlights (as of Dec 31, 2019)
Operating revenues $21.4 billion
Net Income (adjusted) $3.2 billion
Earnings Per Share (adjusted) $3.11
Average Shares Outstanding 1,046 million

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