FOR IMMEDIATE RELEASE

Meeting of June 18th

Jerry Hay of USDA recommends setting up co-op

June 20 -- The meeting of June 18th was small in attendance but a lot was talked about seriously. Issues were set forth and Jerry Hay of the USDA Rural Development Committee recommended we proceed with plans to set up a cooperative. Those attending that are willing to work with us and attend additional meetings were; Brian Maple, Commodity Broker for FC Stone, Betty and Elvin Latta, Brad Burbink, and Jerry Hay of the USDA. Others that attended the meeting that agreed to be members of a steering committee were; Frank Walton, land owner, Nila Armstrong, INDNR representative, Marty Evans, local businessman, Diana DeHart, from Growers Co-op, and Brad Ferre. Other interested parties in attendance were; Kathleen N. Pierce of Linton, Joe Milner of Growers Co-op, Geoff Jackson, and Tom Royer.

    Jerry Hay presented a book to the committee from the USDA entitled, "USDA Sample Legal Documents". This reference book will help in the legal process of forming a farmer organized cooperative. It is well advised to have the cooperative set up correctly the first time so the future focus of the committee can be on the actual planning of the facility. Nila Armstrong volunteered to take the minutes of the meeting and they will be available to the public soon.

For More Information Contact:

Eel River Soybean Cooperative
810 Main Street
Tel: 1-812-939-2068
FAX: 1-812-939-2938
Internet: info@eelriversoybean.com