 | Midwest Grain Processors
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Midwest Grain Processors Cooperative is a farmer-owned cooperative with ownership interest in an ethanol plant based near Lakota, Iowa.
Trading Requirements
All offers to purchase and offers to sell must be communicated with a Registered Representative in person or telephone no later than 5 pm (CST) on any business day.
When considering a stock transaction, please refer to the MGP web site for current company information.
Restrictions – All shareowners must be actively engaged in farming or an “at risk” landowner under a crop-share lease arrangement, able to deliver corn.
Minimum Ownership – 5,000 shares
Minimum Sale Increment – 1 share
Membership Stock - $250 flat fee
Delivery Requirements – Corn; MGP determines how many bushels of corn for each share of stock.
MGP Board approval for all shares. Board meets on a monthly basis.
MGP requires additional paperwork in addition to Alerus Securities contract. MGP will assess a $50 fee for each transfer.
The general company information along with the trade requirements and restrictions provided above are subject to change. Please contact Alerus Securities or visit the specific company's website to obtain the most up-to-date information.
Available Listings
Recent Sales
Standing Offers to Purchase |