Premier Companies Annual Report 2023

Many forces in agriculture can determine the success of a given year. While we certainly had some localized areas short on rainfall, 2023 will be remembered as a strong production year for row crop agriculture in much of Southern Indiana. Along with favorable weather, many of the pandemic instigated supply issues abated and prices for crop inputs retreated from record highs. Overall, farm incomes will be strong for our member-owners.

Your cooperative, Premier Companies, also enjoyed success in 2023. Financially, we ended the year with positive earnings of $25 million dollars, which equates to a 12% return on the investment you, our farmer-owners, have in Premier.