Two of the region’s most innovative grain marketing companies, CoMark Grain Marketing LLC (CGM) of Cheney, Kansas, and Equity Marketing Alliance (EMA) of Enid, Oklahoma, have voted to consolidate, effective May 1, 2017.
“This is a natural fit since our companies have shared visions and similar structures and strategy,” said EMA Board President Shawn Hughes.
CoMark Board President Terry Kohler added, “Through the consolidation, we can sharpen our focus, increasing our ability to react to consumer demand and better prepare for the future.”
Twenty-nine member cooperatives will own the new entity, which will have 161 total locations, including two grain terminals, and a total grain storage capacity exceeding 133 million bushels.
About Equity Marketing Alliance
Six Oklahoma cooperatives joined their grain marketing divisions in 2001 and formed Equity Marketing Alliance, LLC (EMA). EMA’s team of specialists provide grain pricing, merchandising, logistics and accounting services for their member companies. EMA currently has seventeen cooperative member-owners operating 87 locations in Oklahoma, Texas, and Kansas. To learn more, visit emagrain.com.
CoMark Grain Marketing LLC (CGM) was established in 2008 to bring efficiency to the grain marketplace with decreased risk for member cooperatives in south central, southeast, and northwest Kansas and north central Oklahoma. CGM is responsible for merchandising, risk management, sales accounting, and other grain responsibilities for these companies. Since 2008, CGM has grown in its membership from nine members to currently 12 members with 74 locations. For more information visit cgmllc.coop.