DES MOINES, IOWA — Legacy Beef Co-op has announced a new packing plant investment opportunity that would give family farm beef producers in Iowa, Nebraska, Kansas, Minnesota, Missouri and South Dakota access to a larger portion of the retail beef dollar.
Legacy Beef Co-op is affiliated with Cattlemen’s Heritage Beef Company, a 2,000-head-per-day plant to be built east of Omaha-Council Bluffs. Legacy Beef Co-op members will share in the processing plant’s profitability. In addition, members would become suppliers to the Cattlemen’s Heritage facility and enjoy pricing options typically available only to large corporate feedlots.
“This is a forward-thinking way for cattlemen to better control their destiny,” said Joe Kerns, president of PFPAg, which is consulting with Legacy Beef Co-op. “The cattlemen’s share of the retail beef dollar has dropped from 63% to 37% since 2014. Participating in Legacy Beef Co-op allows a cattleman a new way toward sustainable income.”
Legacy Beef Co-op is hosting a series of informational meetings for beef producers. Upcoming meetings are planned at 10 a.m. Thursday, May 18, at the Nobles County Library in Worthington; 1:30 p.m. at the Martin County Library in Fairmont, and at 4 p.m. at The Shores at Five Island, Emmetsburg, Iowa.
For more information, visit legacybeefcoop.com.
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