A major infusion of cash is going out to farmers in North Dakota, Minnesota and Wisconsin. AgCountry Farm Credit Services President and CEO Marc Knisely made the announcement at the cooperative’s AgFocus Conference. The board of directors has approved a cash patronage dividend of $83.5 million which equates to that one percent number that we’ve shared with stockholders over the years,” said Knisely. “It’s actually a sizeable increase from the payout last year which was $76 million and that just reflects the growth that we’ve had over the course of the year so really excited about that.”
