Comark Equity Alliance Strengthens Infrastructure with Great Plains Commodities Terminal PartnershipFri, 30 Apr 2021 12:54:50 CDT
Comark Equity Alliance (CEA), the region’s most innovative grain marketing, logistics and risk management company, continues to improve its infrastructure with the acquisition of the Great Plains Commodities (GPC) shuttle loading facility. The acquisition is in partnership with Producers Cooperative Oil Mill (PCOM) and Farmers Union Coop Gin Humphreys, both in Altus, OK.
The facility operates on BNSF rail, has approximately 1.3 million bushels of upright storage and additional bunker storage. Located in Headrick, OK, just east of Altus on State Hwy 62, GPC offers CEA and its member-owners additional shipping opportunities to domestic, gulf and Latin American markets.
“The integration of GPC into the CEA network will provide our system with additional shipping channels to global destinations, adding more value to the commodities, and ultimately benefiting our farmer-owners,” said CEA President Alan Woodard. “GPC’s location on the BNSF rail makes it easily accessible to several CEA locations via state-based short-line rail. The facility is a great compliment to our Chisholm Trail Terminal shuttle loading facility in Medford, OK, which is located on the Union Pacific rail.”
“CEA is equally pleased to be partnering with PCOM and The Farmers Union Coop Gin Humphreys. PCOM offers new opportunities and a versatility that is essential in today’s marketplace. The Farmers Union Coop Gin Humphreys and CEA country facilities will be great origination sources to support the GPC facility, “Woodard added.
Comark Equity Alliance, LLC is one of the largest federally licensed grain companies in the United States. The company was formed in August 2017 following the merger of Equity Marketing Alliance and CoMark Grain Marketing LLC.
CEA is comprised of farmer owned cooperatives with 183 locations that stretch from Southern Nebraska, throughout Kansas and Oklahoma, and into the Texas panhandle. These locations include four grain terminals, two shuttle loaders, and a 165MM bushel storage capacity.
With offices in Enid, OK and Cheney, KS, the company is singularly focused on making its member-owners’ experience one that is unmatched in the industry by providing unparalleled grain merchandising, logistics, accounting, and risk management services. To learn more, visit ceagrain.com.
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