Friday, September 3, 2010

Arms Length Contracts
We have been informed that a written "arms length" contract signed and dated before harvest and delivery of grain should satisfy the IRS code.  Please note that CFE does not guarantee that such agreement will resolve the customer's issue, as CFE is not in the business of offering tax advice to our customers.  We suggest that you consult your tax advisor.

 

Phone: 217-942-6922

Saturday, September 4, 2010  
 
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     Carrollton Farmers Elevator Co., Shipman Elevator Co., and Top Ag Cooperative entered into a 'unification study' on March 23, 2009.  The study has uncovered exciting opportunities along with challenging issues.
     The Board of Directors of Top Ag Cooperative has withdrawn their company from the unification study at this time.  The Boards of Directors of Carrollton Farmers Elevator Co. and Shipman Elevator Co. are considering available options. 
     Continuing updates will be posted on our website.






Carrollton Farmers Elevator Co.
102 South Main
PO Box 264
Carrollton, IL  62016

Phone: 217-942-6922 

 
Farmers Elevator 
238-A Railroad Street 
White Hall, IL 62092 

 

Phone:217-374-2126

 
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