Mid-Wood, Inc. is an agricultural grain and supply cooperative that is owned and controlled by the members it serves.  In April, 1967, the Hub Grain Assn. and Wood County Farm Bureau Cooperative Assn. merged to form Mid-Wood Inc.  Total assets in 1967 were over $1 million and total grain storage of 500,000 bushels.  Today, total assets are just over $30 million and total grain storage is over 5 million bushels.

The Cooperative has an obligation to its members, whether their operations are large or small, to provide quality supplies and services that they need to be profitable.  Our staff has made a personal commitment to customer satisfaction.  Attainment of this goal is achieved through the dedicated efforts of our employees, working together in a spirit of teamwork and continuous improvement to contribute to our customer's success.

For more than 150 years, cooperative partnerships have helped members by providing goods and services as efficiently and economically as possible.

We are constantly working to understand changes in the Ag industry.  We are continuously looking for ways to improve productivity and service.   For that to happen, we will have to learn how to best meet the needs of our customers, and look for more opportunities to work together.  This way we can create positive and productive soulutions. 

Your thoughts and inputs are important.  Please feel free to contact us with any concerns or ideas that you may have at any time. For specific topics or departments see our directory and feel free to address any questions to any staff member.
 

Mission Statement

The mission of Mid-Wood Incorporated is to be a farmer owned cooperative which uses profitable and financially sound business practices to provide our farmer-members with top quality supplies, storage, and marketing programs as well as services that will enhance their profitability.
 

What is an Agricultural Cooperative?

Agricultural cooperatives are user-owned businesses from which benefits are derived and distributed on the basis of use.  The profits from operations are returned to the members in the form of patronage refunds according to use.

 Agricultural cooperatives, from the farm to the kitchen table, are present in nearly every stage of food industry. They have been a part of agriculture for more than a century and today there are more than 3,000 agricultural cooperatives in the U.S., with 2.8 million memberships. These coops have a total net income of nearly $1.2 billion and net business volume of more than $96 billion.

The most common types of agricultural cooperatives operating in the United States are marketing, supply, and service cooperatives. Marketing cooperatives sell members' products in the marketplace. Supply cooperatives purchase goods and services for their members. They procure large quantities of agricultural goods and pass on the cost savings to the members. Service cooperatives provide their members services such as fertilizer/chemical application and drying/storage on grain produced.

Today's agricultural cooperatives are an important part of the farm market. They have formed agencies-in-common to jointly export their products. They continue to serve their members by looking for all growth opportunities and by using the most current technologies.

Cooperatives must have leaders who can look into the future and gain the support and trust of its patrons. There are seven cooperative principles that should be followed.

1. Voluntary and open membership

2. Democratic member control

3. Members' economic participation

4. Autonomy and independence

5. Education, training, and information

6. Cooperation among cooperatives
 
7. Concern for the community

Today the ultimate mission of the cooperatives is still and always the same - to serve the members.