Innovative Ag Services Delivers Strong Patronage Returns to Member-Owners
Nov 12, 2024
Innovative Ag Services (IAS) is proud to announce competitive patronage returns across our agronomy services, grain handling, and fuel services, benefiting our member-owners' operations. In Fiscal Year 2024, IAS returned an impressive $52.66 per acre to our members, with an average return of $58.62 per acre over the past three years.
This success demonstrates the value IAS brings to each member-owner’s investment. By utilizing our agronomy services, grain handling, and fuel offerings, members receive benefits that go beyond crop yields through substantial patronage rates.
Explore how our services continue to provide value and reinforce our commitment to working hard for each acre and every member-owner. The results speak for themselves!
| Patronage Dividend Units in dollars unless noted |
FY 2024 Patronage/Acre |
3 YR Avg Patronage/Acre |
FY 2024 Patronage Rates |
| Agronomy | |||
| Dry Fertilizer | $3.92 | $5.89 | 3.6% |
| Nitrogen & Stabilizer | $3.06 | $4.59 | 3.6% |
| Chemicals | $2.16 | $3.24 | 3.6% |
| Seed | $4.68 | $7.02 | 3.6% |
| Services | $0.90 | $1.35 | 3.6% |
| Grain | |||
| Grain (Bushels per Acre) | $12.30 | $10.66 | 6.0¢ |
| Drying | $7.30 | $7.30 | 25% |
| Storage | $16.91 | $16.91 | 25% |
| Services | $1.03 | $1.03 | 25% |
| Fuel | |||
| Propane (Gallons) Captured in Grain Drying |
$0.00 | $0.00 | 13.0¢ |
| Diesel (Gallons) | $0.40 | $0.64 | 8.0¢ |
| Overall IAS Book | $52.66 | $58.62 | |
Ready to learn more about how IAS can improve your returns through our services? Call or visit your nearest IAS location, or click here to have one of our team members reach out to you.