Intermountain Farmers Association, J.D. Heiskell and Moroni Feed Company have forged a joint venture to provide an increased level of service and value to ag customers in central Utah.
The trio of business firms will each own a third share in the Central Utah Grain company, operating the grain receiving and trans-loading facility in Nephi constructed by Moroni.
The facility is served by the Union Pacific Railroad, capable of handling 100-car shuttle trains.
IFA has a long affiliation with Moroni at Utah's south region feed mill. "We look forward to working with J.D. Heiskell and its grain handling talents to improve our ability to serve our customers," says Layne Anderson, IFA chief executive officer.
IFA and Moroni will bring the "efficiencies of our supply chain to the agricultural community of central Utah," notes Charles Tsatsos, Heiskell Corporate Risk Management vice president.
His company will leverage its grain and feed commodities origination and transport network to provide inventories to the businesses of both partners.
"We believe this venture has great potential and will enhance the core strengths of each partner," says Matt Cook, Moroni CEO. "Over the long term, this partnership will make us more sustainable."
IFA has supplied products and services to farmers in the Intermountain West for nearly a century. It was organized as a farm co-op in 1923 and today operates in Utah, Colorado, Idaho and Nevada with feed mills and country stores.
Heiskell, a private firm, manages grain, commodity trades and livestock feed manufacturing across the nation and abroad.
Moroni is considered to be the largest turkey producer in Utah, marketing under the Norbest label, and lays claim to being the oldest marketing co-op of its kind in the world.
It was founded by local producers at the end of the Depression in 1938, and today markets Norbest internationally.