Five Star Cooperative

Five Star Cooperative

Farmer-owned cooperative: agronomy, grain, feed, energy

Overview

Five Star Cooperative is a farmer-owned agricultural cooperative serving Northern Iowa and Southern Minnesota with agronomy, grain, feed, and energy products across 19 locations. It supports members with soil testing, seed selection (DEKALB, Asgrow, Stine), crop protection, and precision-agriculture data; the grain division handles marketing, storage up to 30 million bushels, and logistics; the feed division supplies livestock nutrition and the energy division distributes refined fuels and propane. Profits are returned to farmer-owners through patronage cash payouts and equity, and RateStar provides in-house financing for inputs. Its goal is to support member farmers and rural communities with reliable inputs, market access, financing, and integrated services, as demonstrated by the 2024 Burchinal agronomy complex investment following the 2022 Mason City tornado.

About Five Star Cooperative

Simplify's Rating
Why Five Star Cooperative is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Food & Agriculture

Company Size

51-200

Company Stage

N/A

Total Funding

N/A

Headquarters

New Hampton, Iowa

Founded

1889

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Simplify's Take

What believers are saying

  • October 2025 patronage returned $3.6 million, reinforcing member loyalty and local cash flow.
  • April 2026 Lime Springs fertilizer facility expands service speed and safety after Burchinal.
  • 2025 Business Innovation Award and AgVend recognition validate digital customer experience gains.

What critics are saying

  • TerraClear's 2027 weed mapping rollout depends on grower adoption and subscription acceptance.
  • Construction-heavy expansion raises execution risk after tornado rebuilds and multiple 2025-2026 projects.
  • If acreage consolidates away from northern Iowa, patronage economics and local relevance erode.

What makes Five Star Cooperative unique

  • Farmer-owned, 19 locations, and 30 million bushels create strong switching costs.
  • Burchinal's 2024 agronomy complex delivers 24-hour load-out, seed treatment, and fertilizer throughput.
  • 2026 TerraClear partnership adds AI rock and weed mapping across 110,000 acres.

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