Agri Business

To recognize agriculture’s impact on the region’s economic base, REED makes loans to support projects that add value to local agriculture production through innovation, improved services, further processing, or marketing. Loans are not made for traditional production agriculture.

All borrowers are encouraged to integrate energy efficiency in facilities and construction. Purchase of electricity from a REED member cooperative is NOT required to receive financing. For more information, check out Eligibility and Application, for qualifications and to obtain an application.

Projects Directory

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Dakota Ethanol, LLC

Category:  Sioux Valley Energy, Agriculture, Cooperatives

Dakota Ethanol is a 50 million gallon per year producer-owned, bio-refinery located in Wentworth , SD. REED financing assisted the company with  purchase and installation of a Corn Oil Extraction system that will be used in conjunction with the ethanol production process. ...

Dakota Turkey Growers/Dakota Provisions

Category:  Dakota Energy, Agriculture, Cooperatives

Dakota Provisions is a state of the art food production facility that processes and markets fresh turkey and other protein related products located in Huron, SD population 12,592. The business is jointly owned by Hutterite Colonies in North and South Dakota that raise turkeys as part of their diversified farming...

NCFE Air, LLC

Category:  Dakota Energy, Agriculture, Cooperatives

NCFE Air, LLC provides aerial application services for customers of North Central Farmer’s Elevator. To insure timely application, NCFE felt the need to better schedule aerial spraying for the growing list customers purchasing crop protection services, leading to a joint venture with a local business. REED financing helped construct a...

NCFE Bowdle

Category:  FEM Electric, Agriculture, Cooperatives

North Central Farmer’s Elevator (NCFE) is a full-service grain marketing and farm supply cooperative serving farmer-owners in north central South Dakota. FCFE used financing to increase capacity by constructing a shuttle facility near Bowdle SD, population 502. ...

NCFE Ipswich Headquarters

Category:  FEM Electric, Agriculture, Cooperatives

FEM Electric assisted North Central Farmer’s Elevator to construct a new office facility in Ipswich. The cooperative has grown from 7 locations to 17 locations and the new office will provide administrative office space necessary to keep pace with the growing cooperative. ...

NCFE Sun Terminal

Category:  FEM Electric, Agriculture, Cooperatives

FOR IMMEDIATE RELEASE: July 24, 2015 Contact: Stephanie Horst, Director of Communications & Marketing FEM Electric • 605-426-6891 • stephanie@femelectric.coop North Central Farmers Elevator Receives Loan from FEM Electric REED Fund IPSWICH, S.D. — North Central Farmers Elevator (NCFE) has received a loan to expand its agronomy warehouse in Ipswich thanks to FEM Electric. The...

Purity Seeds, LLC

Category:  Codington Clark Electric, Agriculture, Cooperatives

Purity Seeds, LLC, a family business located near Raymond, SD (population 69), is growing and packaging whole flaxseed for human consumption.  They offer high quality, clean, whole golden omega flax seed, fresh cold milled flax, and crafted flax.  Purity Seeds has also developed several ready to make mixes using flax...

Tractors and Trucks, LLC

Category:  Lake Region, Cooperatives, Business, Agriculture

WEBSTER, SD, September, 2016 – Lake Region Electric Association’s Rural Electric Economic Development (REED) Fund was recently utilized to help support local agriculture. It is exciting when a need exists in a community and a local business owner can raise the capital and meet the need. That ability is what...

Valley Ag Supply, Inc

Category:  Clay Union, Agriculture, Cooperatives

Valley Ag Supply, Inc. sells fertilizer, seed, chemicals and other ag related supplies from its Gayville, SD (population 407) business. REED financing helped the business expand into custom spraying. ...

Western Consolidated Cooperative

Category:  Whetstone Valley, Agriculture, Cooperatives

Western Consolidated Cooperative used a REED loan to aid in the construction of a 1.1 million bushel grain terminal near Twin Brooks SD, population 69. In addition to the enclosed storage there is a 2.2 million bushel piling system connected to the main terminal. There is also a 10,000 bu/hr...



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Who We've Helped

19 Manufacturing firms (plant and/or equipment)