Farms.com Home   Ag Industry News

Co-op moves ahead with grain facility expansion

Co-op moves ahead with grain facility expansion

Farmers should be able to use the facility for the 2020 harvest season

By Diego Flammini
Staff Writer
Farms.com

A farmer co-op in Iowa has approved a plan for a major grain facility expansion.

During its December board meeting, MaxYield Cooperative agreed to proceed with a US$4.5-million project in Klemme, Iowa.

Once completed, the facility will include a 105-foot diameter grain storage bin with a capacity of about 750,000 bushels. The facility will also have a dryer capable of handling 4,000 bushels per hour, storage for wet corn, and overhead truck load-out capabilities.

Bid-letting for the project will be finalized the coming weeks and the co-op expects the project to be complete in time for the 2020 harvest.

The decision for the expansion comes after the facility suffered storm damage earlier in the year.

Relying on infrastructure repairs wasn’t an option, said Keith Heim, CEO of MaxYield.

“Our Klemme facility incurred storm damage in September that greatly affected our ability to serve our members and clients in that area,” he said in a Dec. 16 statement. “We made what modifications we could so we could get through harvest, but we know that it is not feasible to operate this location beyond 2019 without significant upgrades to the facility.”

The Klemme facility is one of multiple projects the co-op has planned.

In January, the co-op purchased property near Britt, Iowa that includes three warehouse buildings and 17,000 square feet of space. The facility has seed treating capabilities and bulk seed storage tanks.

Farms.com has reached out to members of the co-op’s board of directors for comment.

MaxYield photo


Trending Video

USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension

Video: USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension


USDA took Trumps comments that China would buy more U.S. soybeans seriously and headline news that the U.S./China trade truce would be extended when Trump/Xi meet in the first week of April was a BIG WIN for soybeans this week! 2026 “Mini” U.S. ethanol boom thanks to 45Z + China’s ban of phosphates from Feb. – August of 2026 will not help lower fertilizer prices anytime soon! 30 mmt of Chinese corn harvest is of poor quality and maybe a technical breakout in wheat futures.

*Apologies! Where we talk about the latest CFTC update as of 10th Feb 2026, managed money funds covered their net short position in canola to the tune of +42,746 week-on-week to flip to net long 145 contracts and not (as we mistakenly said) +90,009 wk/wk to 47,408.